However its worth noting. Saloro (pre EQR) were running the processing plant at 100% and only recovering 38% and were losing money. They were producing 10k to 15k mtu per quarter.
EQR has added ore sorters, increased the recoveries, lowered the throughput into the processing plant and is producing 30k to 33k mtu per quarter. By adding another ore sorter, they will be able to lift production again.
This is the biggest mine in Europe and is getting plenty of attention from the Europeans given the current geo-political events.
EQR Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)