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1.96%

5.2¢ eq resources limited

Ann: 2023 AGM CEO Presentation, page-4

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gopherbroke

1,096 Posts.

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29/11/23

18:55

Post #: 71177629
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Originally posted by binbin: ↑

I reckon Oaktree will start promoting the company once the Saloro deal is officially finalised ie. after they have been allocated their shares at 9 cents. Hopefully, after that, the share price will start gaining some momentum. Was interesting to note that Saloro was currently operating at breakeven and any improvements in recoveries and costs from the recently introduced ore sorters would result in the company becoming profitable.

The most important point from the webinar for me was that management were not aware of anything that would have caused the recent share price weakness so as I posted earlier, it’s most likely impatient shareholders just wanting to move their money somewhere else and the fact that the shares are so thinly traded. Apart from some minor commissioning and processing issues which were rectifiable, it all sounded like everything was going according to plan.

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Yes, Oliver made it very clear that Barruecopardo was at break even and with the new Tomra in place will start to turn a profit - a great message for those who weren't so enamoured with this acquisition

EQR Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.2¢		Change 0.001(1.96%)		Mkt cap ! $116.3M

Open	High	Low	Value	Volume
4.9¢	5.2¢	4.7¢	$111.1K	2.212M

Buyers (Bids)

No.	Vol.	Price($)
1	105000	4.9¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	197452	1

View Market Depth

No.	Vol.	Price($)
1	105000	0.049
3	225139	0.046
1	110867	0.045
1	65000	0.044
1	100	0.042

Price($)	Vol.	No.
0.052	197452	1
0.055	192000	2
0.057	277161	2
0.058	583444	4
0.059	1054694	5

Last trade - 16.10pm 28/10/2024 (20 minute delay)

EQR (ASX) Chart