EQR eq resources limited

Ann: Quarterly Activities and Cash Flow Report March 2024, page-8

  1. 422 Posts.
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    I think the telling information will be the year end financials when they're produced. Quarterly cashflows are both very useful and also incredibly useless because, as mentioned, it's hard to pull out exactly what revenue was created by what costs vs dollars received from customers and paid to vendors. Ultimately I hope that in the next 2 quarters we see cashflow from ops stabilize and move passed break even, and then remain consistently positive (unless they target another acquisition). Positive cashflows is what the market is waiting for before getting on board.
 
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