EQR eq resources limited
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Ann: 64% Increase of Mt Carbine Indicated Resources (In-Situ), page-28

  1. scottm
    2,450 Posts.
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    07/04/23
    13:21
    Post #: 67184592
    Which ever way you cut it. The cashflow from this project is VERY NICE. As we keep saying very little risk given they have been tinkering and improving the processing and adding pieces for the last 12-18 months. More shaker tables will allow more tungsten production.

    There is a lot more to come regarding resource and ability to grow the company. They have been referring to a tungsten hub for a while in their presentations. This suggests not just this deposit (even though the Mt Carbine deposit is yet to be fully drilled). I have been saying it for a while. The economics on this project are off the charts and with little debt.

    Patience is a virtue!
    EQR Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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3.3¢ 		Change
-0.002(5.71%) 		Mkt cap ! $85.66M
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