EQR eq resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-196

  1. 2,456 Posts.
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    The other interesting thing is from an investment perspective.
    If you are looking to invest in the tungsten space there are a few options.

    EQR - 2 producing mines, quarterly cashflow $18m. more upside potential production & downstreaming. trading at approx20% of NPV and market cap $108m

    Almonty - 1 producing, quarterly cashflow $8m, another coming but needs more $ & how long will it take to get 85% recoveries (others have found it hard). market cap $600m and trading near 100% NPV.

    Tungsten Mining - no production or finance. market cap $80m

    Fireweed Metals - no production from Canadian mine. market cap $292m

    Guardian Metals - US deposit but not likely to produce for 3+ years. Still drilling. market cap $41m.

    Tungsten West - UK failed 3 times so far. no production or finance. market cap $6m.

    There are not many options with value!
    Happy to have nibbled again.
 
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