EQR eq resources limited

Ann: Early Works Expansion Funding ahead of BFS, page-23

  1. 328 Posts.
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    Processing of 2.5t of tungsten concentrate at $305 USD per mtu ($305 * 100 = $30,500 per tonne). Lets say $16,000 per tonne given its the low grade stockpile + tailings equates to $40,000 per day, so 50/50 with Crominet would mean about $20,000 a day or $620,000 per month, minus costs, still a decent profit for the time being. Remembering that the real game will start when the BFS is completed and the hard rock is processed which will lift these numbers greatly.
 
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