EQR 0.00% 4.2¢ eq resources limited

Ann: Mt Carbine Presentation, page-7

  1. 2,168 Posts.
    lightbulb Created with Sketch. 479
    Á stock like this doesn't track the index. You may have some forced sellers trying to raise cash, but in the main it performs differently to global markets.

    In relation to PBlonde post. It might be a defensive position for a range of reasons.
    - cashflow positive.
    - increased tungsten demand from military
    - other producers exiting.
    - low level of debt
    - fully funded.
    - increased production not to far away.
    - increasing NPV
    - trading below peers.

 
watchlist Created with Sketch. Add EQR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.