Ann: Quarterly Activities and Cash Flow Report March 2022, page-20

First 20 Last

Share
Profile

Follow
michaelhaley

2,720 Posts.

380

01/05/22

21:28

Post #: 61134567
Share

Originally posted by gopherbroke: ↑

to scottm & michaelhaley

Agree with your comparison to G6M but inclined to go one step further....
I always feel that it is better to try to learn from someone else's mistakes then to learn from your own....
If you look at Wolf Minerals and then Tungsten West they both went into the same project with a big cloud over 1) costs and 2) risks

Wolf's costs were always based on old numbers and they had to much risk around community, environment (including archaelogical digs etc) but Tungsten West piled in again, probably still with many of those unkown costs and risks - so they didnt learn the lesson

My concern with G6M is that they could be positioning themselves for the same mistakes - they have additional costs specifically related to location and environment that EQR categorically do NOT have. As for risks, well I would hate to see the G6M risk register (if they have even done one properly) and yet EQR are virtually de-risked on all fronts.

I agree with scottm that we do need tungsten production success stories in Australia and globally - I hope I'm wrong for the sake of G6M shareholders but I think G6M will have some serious, serious, serious challenges.

We all need to go into these things with eyes wide open and not repeat other peoples mistakes

Expand

Interesting discussion and definitely relevant to EQR about peers. Important part pf DD is to compare with peers.

What risks are you referring to for G6M? and how do they differentiate from EQR risk register ?

EQR Price at posting: 6.5¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

LRV

Larvotto hits "go" on Hillgrove Project

SS1

Sun Silver unveils Maverick Springs assay results

HotCopper Trends: Final day of quarterlies; Larvotto FID & more

I88

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

Investor education equals superior returns

First 20 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 3.3¢		Change -0.003(7.04%)		Mkt cap ! $93.78M

Open	High	Low	Value	Volume
3.6¢	3.6¢	3.2¢	$163.2K	4.779M

Buyers (Bids)

No.	Vol.	Price($)
1	29276	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	500000	1

View Market Depth

No.	Vol.	Price($)
1	29276	0.033
7	560550	0.032
3	628970	0.031
6	1050000	0.030
3	1355561	0.029

Price($)	Vol.	No.
0.036	825695	6
0.037	295614	1
0.038	2956827	7
0.039	1652001	5
0.040	300000	1

Last trade - 16.10pm 31/07/2025 (20 minute delay)

EQR (ASX) Chart

Ann: Quarterly Activities and Cash Flow Report March 2022, page-20

Larvotto hits "go" on Hillgrove Project

Sun Silver unveils Maverick Springs assay results

HotCopper Trends: Final day of quarterlies; Larvotto FID & more

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

Investor education equals superior returns

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Quarterly Activities and Cash Flow Report March 2022, page-20

Top Stories

Larvotto hits "go" on Hillgrove Project

Sun Silver unveils Maverick Springs assay results

HotCopper Trends: Final day of quarterlies; Larvotto FID & more

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

Investor education equals superior returns

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News