EQR eq resources limited

Over 10,000 tonnes at .3%. That’s 30t contained tungsten in ore...

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    Over 10,000 tonnes at .3%. That’s 30t contained tungsten in ore to produce 5.5t of tungsten in concentrate. By my calculations that is a ~18% recovery rate. I know it’s a new plant ramping up, but it’s a 100m+ state of the art plant, I expected a starting basis for fine tuning a lot closer to the planned 78%. Unlike EQR who ramped up at a (sometimes frustratingly) slow pace G6M are going to be burning through cash from the start. They are paying nearly twice the cost of power, have a strip ratio nearly 4 times higher, no X-ray sorters removing ~90% of ore as waste, no quarry on the side and have a fifo roster and camp to maintain.
 
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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
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Last trade - 15.17pm 20/06/2025 (20 minute delay) ?
EQR (ASX) Chart
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