EQR eq resources limited
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Bit late this quarter. Numbers below.EQR continues to miss...

  1. plonka
    1,200 Posts.
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    31/08/24
    20:18
    Post #: 75471808

    Bit late this quarter. Numbers below.

    https://hotcopper.com.au/data/attachments/6424/6424102-5f7853a99b35f521309de9c9a1165a35.jpg


    EQR continues to miss profitability with both mines losing ~$1million each. G6M continues to impress with its ability to survive whilst its mine loses ~ $2.5+million a month. EQR has many improvements in the pipeline at both Saloro and Mt Carbine. EQR also has a considerable spend on on going drilling occurring currently. G6M are faffing about with ore sorters and no doubt doing their very best to refinance the millions due tomorrow. I expect both companies will take a turn in the next 6 months.

    GLTA

    EQR Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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