EQR 0.00% 4.8¢ eq resources limited

A Profound disappointment

  1. 6,752 Posts.
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    The lack of interest on this share in this place is testament to the 'going nowhere' thoughts we may all have about CNQ.AX .

    The market has slipped and  interest in Micro miners is at an all time low.
    we managed to miss a second bull market.
    global production is down and so is demand for tungsten
    Tungsten prices are at a $US price of 2010.
    Why have the funds Mitsubishi offered NOT been taken up?
    The $15million on offer in $A would buy the whole of CNQ.AX, it would be cheaper for Mitsubishi to just take it over.

    The flow of communications is so limited I'm now surprised to see anything beyond a quarterly report. This all adds so little confidence.

    I believed the CNQ.AX story but I do wonder if it is possible with the current arrangements.

    The AGM must be soon and if was the board I would hold it on site or provide limited notice and hold it in an inaccessible  hell hole that no one can find.
 
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Last trade - 08.35am 18/09/2024 (20 minute delay) ?
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