EQR eq resources limited

APT - slow steady climb...., page-51

  1. 917 Posts.
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    Yes and I challenge you to provide the ASX announcements that supports “This is why they have stated they won't need to cap raise again.”

    My thinking is based on. Revenue for the September quarterly was $318k (quarry and tungsten) and Dec quarterly was $585k excluding Bama . The Bama $4 million one off contract only just kept them cash flow neutral last quarterly and I think it will do the same this one. But the $1.5 million cash at bank will be chewed up in the June qty.

 
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