"EQR needs to produce a cashflow positive quarter before the broader market will believe. Unfortunately, there have been many examples of tungsten players not working (G6M, Tungsten West, LaPirrilla, W Resources etc)."
I am thinking they will need more then 1. Obviously it is no chance with the quarterly that is due to drop, with @scottm saying production is down at Saloro and the delays at MC
Normally they would drop a drilling update just before the quarterly, to distract from the financial performance. But thinking they will be desperately trying to get a grant across the line before dropping it.
Not long to wait now.
EQR Price at posting:
4.4¢ Sentiment: Sell Disclosure: Not Held
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