Another one in trouble, page-10

First 10 Last

Share
Profile

Follow
sandfire

2,912 Posts.

503

26/08/23

10:20

Post #: 69561871
Share

Originally posted by plonka ↑

“My main issue is that in the spec end of town where EQR sits”
The acquisition of Barruecopardo should play a major role in moving EQR out of the spec end of town IMO.

“I thought there was a sensible plan to resurrect MT Carbine”
There was and it has been put into play (yes it would have been nice to wait 6 months for Mt Carbine to materialise as the cash cow it should be, however the Saloro deal was 12 months in the making, so how long could they wait?)

“loved the application of the tech to increase recovery rates”
And it is this exact application of tech that will be applied to Barruecopardo which if Kevin and Tony and the rest of the board (not to mention Oaktree) know what they are doing should turn Barruecopardo into another cash cow like (near future) Mt Carbine

“The BOD's were focused and were hitting milestones” Do you not consider bringing in Barruecopardo to EQRs portfolio a milestone? From my view it's as if we went from one Mt Carbine to 2 Mt Carbines overnight. Not only producing and ramping up fast but also HUGE exploration potential.

“To specifically exclude this serious acquisition from shareholder approval was a red flag for me” It looks like an amazing deal to me, And it is possible the reason it was SO amazing was that the EQR board and Oaktree wanted to get it done with out further delay (No share holder approval). And on the positive side of things if you do not like the situation you can sell out at close to 5+ year highs.

I am hoping that we get a August update for Mt Carbine production and with any luck we get a Barruecopardo August production report to go with it.

GLTA

Expand

What I don't understand is ....if the Barruecopardo plant is operated by very capable people, as the CEO has said,surely they would have been aware of XRT sorter possibilities. Why did they not trial one to improve recoveries before EQR became involved?
Or did Oaktree want to move on?

EQR Price at posting: 7.7¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

BM8

'Lead role in European tech metals' beckons for BM8 as Bleiberg drills rumble to life

HotCopper's got a new owner: UK-based fintech ADVFN Ltd

AII

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

First 10 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 4.5¢		Change 0.004(9.76%)		Mkt cap ! $117.2M

Open	High	Low	Value	Volume
4.4¢	4.5¢	4.2¢	$149.4K	3.407M

Buyers (Bids)

No.	Vol.	Price($)
1	500000	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	75000	1

View Market Depth

No.	Vol.	Price($)
1	500000	0.043
2	397500	0.042
1	50000	0.041
4	155000	0.040
2	200000	0.039

Price($)	Vol.	No.
0.044	75000	1
0.045	1374724	3
0.046	570000	3
0.047	50000	1
0.048	110000	2

Last trade - 11.25am 30/06/2025 (20 minute delay)

EQR (ASX) Chart

Another one in trouble, page-10

Australia’s gas crisis is here – and dying coal plants aren’t helping

'Lead role in European tech metals' beckons for BM8 as Bleiberg drills rumble to life

HotCopper's got a new owner: UK-based fintech ADVFN Ltd

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Another one in trouble, page-10

Top Stories

Australia’s gas crisis is here – and dying coal plants aren’t helping

'Lead role in European tech metals' beckons for BM8 as Bleiberg drills rumble to life

HotCopper's got a new owner: UK-based fintech ADVFN Ltd

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News