Below is a " flash research" note from Morgans following the recently signed MOU with Masan Hi-Tech Material who own and operate the Nui Phao tungsten mine.
Morgans have been closely associated with EQR, its Management and the metrics of the overall Mt Carbine project resource for a very long time now.
On the back of the Masan MOU, this note is just another very positive indication of support for the company and a re-iteration of how undervalued the company is at $0.07 versus the Morgans value of $0.10
Also bear in mind the below linked article (previously posted) is from the most widely read newspaper in Vietnam - the Vietnamese people have a very long and supportive relationship with Masan and they will be watching this relationship closely.
EQR, with Masan as "partners" are getting a heck of a lot of international exposure now they are playing on the world stage
https://e.vnexpress.net/news/business/eqr-masan-subsidiary-partner-to-explore-tungsten-4594469.html
Ann: 64% Increase of Mt Carbine Indicated Resources (In-Situ), page-55
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