EQR eq resources limited

EQR Research BUY $0.12c upside 166%, page-33

  1. 422 Posts.
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    They've had production updates in each of their quarterly cashflow and activities reports, the last one being the end of October. Not to mention their AGM update (which is where you pulled your 135t number) also had a production update, that came out November 22, 2022, not even 2 months ago. So by my count, we've been getting production updates once every month or 2. They haven't gone 'silent' by any means.

    Up until the end of September 22 they were expected to hit a rate of 62.5t per month at the high end of their estimate with 41.67t per month on the low end, which as you noted they surpassed in Q1. From the beginning of Q2 (October 1) for the next 9 months they are expecting to hit 75t per month at the low end and 100t per month at the high end. They weren't expecting to hit that number in Q1 so comparing the actual results against that means you have accidentally misquoted at best or are being disingenuous.

    It was also discussed previously the need for a cap raise was due to funding from the government being delayed and need for short term funding so as to not delay any further development/exploration.
 
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Last
3.5¢
Change
0.000(0.00%)
Mkt cap ! $99.46M
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3.5¢ 3.6¢ 3.4¢ $111.8K 3.227M

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No. Vol. Price($)
4 882114 3.4¢
 

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Price($) Vol. No.
3.5¢ 100000 1
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