EQR eq resources limited

Plonka ...I have posted my thoughts on this question previously...

  1. 1,355 Posts.
    lightbulb Created with Sketch. 228
    Plonka ...I have posted my thoughts on this question previously but since you asked a specific question, I will reiterate

    EQR is going UP and G6M is going DOWN
    It is just way too clear cut an argument - the risks are extremely high on the G6M side whilst EQR have eliminated virtually all their controllable risks and are converting rock to cash in record breaking ramp up efforts
    Literally millions of $ going into their bank account every month now and nothing to impede ramp-up

    G6M have the grades on paper but struggling to achieve on the back side of their gravity processing
    With costs seemingly out of control, they are showing all the hallmarks of following in the footsteps of Wolf

    A difficult project, a difficult location, ore not lending itself to xray ore sorter technology (a game changer all on its own) - not a good recipe for success
    A damn shame quite frankly because another successful Australian tungsten mine would be great for Australia delivering into the much needed Critical Minerals Strategy
    I hope I am wrong but thats my call - and I DO sincerely hope that G6M minority shareholders consider all these posts as trying to give them a heads up, look at the risks, see if the BOD and Mgt have demonstrated the capacity to manage costs, risks etc, and also consider if a 5.5 year payback fits into their investment strategy
 
Add to My Watchlist
What is My Watchlist?
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)
Last
3.5¢
Change
0.001(2.94%)
Mkt cap ! $93.69M
Open High Low Value Volume
3.5¢ 3.5¢ 3.3¢ $13.51K 393.6K

Buyers (Bids)

No. Vol. Price($)
2 29706 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 150000 1
View Market Depth
Last trade - 15.17pm 20/06/2025 (20 minute delay) ?
EQR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.