As a long time EQR shareholder I am happy with both the achieved...

As a long time EQR shareholder I am happy with both the achieved goals and the share price appreciation over the last few years. I think it is safe to say that most of us would have expected the share price to be higher than it currently is, but that's the market we are in, and waiting patiently is the current game. At the end of the day EQR is yet to post a profit which I believe is the key achievement that will cause a rerating in share price. Share holder positivity is a positive thing and a lot of it is based on EQRs management being transparent and the flow of information they provide, not to mention they have consistently been meeting their stated goals over the last few years.

Take a look at G6M, no positivity over there, Share price falling consistently, with no end in sight. Even with G6Ms paid nonsense being put into the market they are getting zero transaction. For example, from last week:



First western production of tungsten in over 20 years. – Incorrect, obviously.
Well funded – Righto, they just announced a 7 million dollar short term loan, Still chasing 11million dollars so that they can pay the debt due over the next 12 months. Borrowing to pay off current debt isn't well funded.
10m secured loan – What about the other 10s of millions of debt?
97m warrants at 13c strike price. – What about the other warrants/options well and truly under water?


As a shareholder I would much prefer to be complaining about the share price disconnect in relation to the positive market announcements/company situation than the other way where share holders expect more pain based on lack of information and future bad news.

If anything the current disconnect between a positive shareholder view and the share price can be taken as a buying opportunity. To be fair with everything going on with EQR it is near impossible to not be wildly positive about the future of the company.

-Underground Mine
-only 20% of know resources included
-Easterly pit extension going to add $100m+??? and send IRR way past 500%
-Saloro acquistion
-Wolfram camp
-Open cut ramp up
-Tungsten price/demand expectations
-Marketing ramp up imminent
-Oak tree involvement
-iron duke
-doubling of plant capacity


GLTA