Ann: EQR Progressing on Saloro Acquisition & Placement Update, page-12

Morning gtc61
As for "Nothing to dislike as far as I can tell"

My reading is that the delay in completing this was because they could not convince the banks they can turn this around and would not sign off with out a doubling of the debt reduction. What are the repayment terms for the remaining $40 Million??? EQR now only have $8 million of the $25million left. With the operational losses and capex programs for both operations are they going to need to raise more cash???

But what is with production. They said, when they signed the deal that for q3 monthly production was 140t and then they installed the ore sorter which were going great, The below now says that monthly production for Q3 was only 83t !!! Hello and what was the production for Oct / Nov / Dec. Why have they now disclosed this??? Where are the financial to go this this.

If G6M put a report like this out, posters like Scottm, Gopherbroke, plonka would have by now had 15 posts pulling it apart and criticizing management.

I can understand why Scottm is bracing shareholders for that share consolidation.