EQR 0.00% 4.4¢ eq resources limited

Ann: Quarterly Activities and Cash Flow Report Sept 2020, page-11

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    The December quarter should be a beauty. Most of the BAMA money will be in and tungsten production rising. I especially like the October tungsten production with half coming from the Ore Sorter. This is much higher grade than the tailings and should be much lower cost.

    They have restated the comment about being a low cost producer. I sense this relates to the stockpile and the upcoming targeting of the "king veins".

    They are "investigating funding of government grants and loan facilities". This is probably part of the recent Federal budget focus on "critical minerals processing". We are ideally suited for this as we are up to that stage and have an existing operation which reduces the government risk.
 
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