..."Very happy with the cash burn rate"...
Hi Squidd, there is a reason for this. Unlike a company on the move doing pre-construction planning & preparation, trial mining and clearing activities which requires a lot of money amounting to a few million dollars a month, EQX is (IMO) in a state of flux.
It dosn't matter whether the low grade stuff is magnetite or tinged with a bit of haematite, at the end of the day there is no economy of scale.
Vanguard IMO should have gotten out long ago.
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.74M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42581 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 138572 | 1 |
View Market Depth
| Last trade - 16.21pm 24/06/2025 (20 minute delay) ? |
| EQX (ASX) Chart |
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