EQR 1.72% 5.7¢ eq resources limited

a slightly different note, page-4

  1. 114 Posts.
    Treefeed,

    Each of us have an allergy to losing money that directly stems from the strategies we put in place to avoid losing our hard earned.
    I believe the company have always suggested 3 months build time for the tailings processing plant and when you add three months to the date of arrival of plant from WA, then obviously we are looking at a tailings processing commencement date of 1st quarter 2012.
    I think the delay in the aquisition of the plant has caused the reschedule that you are concerned about. I recall a particular component being excluded from the sale post discussions, not certain as I don't have time to check announcements at the moment.
    The difference in the size of the undertakings between Hazelwood and our company I feel cannot be equally compared.
    I will hold tight as I know that we are going to be a producer in the near term and as they mention, cashflow positive early in 2012. I also recall the mention of offtake negotiations underway so a lot to look forward to in the coming months.

    Banksy
 
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