If we get official sign-off this week and an update on the progress of Saloro since EQR's initial involvement before Xmas, I will be quite happy with that - sure, it would be even better to have a share price closer to the broker valuations, but this WILL happen very soon.
The additional benefit inherent in the official Saloro sign-off will be the "paving of the way" for EQR to pursue their 2024 global expansion into the Iberian cluster - at the right time, this makes a lot of sense as the geology and metallurgy of the many tungsten mines in this area are very similar to that of the FNQ area cluster of Mt Carbine, Wolfram Camp and Watershed (not yet officially in EQR's cluster but lets hope that will complete it).
The Iberian peninsula has a few mines which are either not being mined at all or have expiring lease dates and could very well be low hanging fruit.
2024 will be a very exciting year for us all
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