Probably the latter, unless they can get a Govt grant to give them some time.
More capital isn't the answer (just buys time). Lifting the recoveries is the key and they haven't been able to do that.
They are struggling with the open pit and the underground is even a larger risk.
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Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $99.46M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.6¢ | 3.5¢ | $108.6K | 3.102M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 790694 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 190166 | 3 |
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| Last trade - 13.50pm 16/07/2025 (20 minute delay) ? |
| EQR (ASX) Chart |