EQR 7.87% 4.8¢ eq resources limited

Good to see the board moving forward with these gold projects...

  1. 2,239 Posts.
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    Good to see the board moving forward with these gold projects which were highly recommended by our geologists who had dealings with these mines in the past.The previous owners moved on in a new direction running casino's, that's why we got them at a bargain.Our latest capital raising only diluted our shares by 14.8% but raised $ 800,000 it also added many institutional and sophistical investors some who would run super funds.These projects are designed to increase our asset base while producing revenue that will assist when CNQ main asset our Tungsten mine starts to operate once the Tungsten price hits the trigger point. Our geologists believe our Tungsten deposit is much larger than we thought and it was explained in detail at the AGM. With our issued capital now 14.8% higher our share price has dropped from 15 cents to 1.2 cents So for people buying now you are getting a higher % of shares against money paid and we now have two more projects.These current prices are a chance for the true believers in our Tungsten project to buy in at the capital raising price that was not offered to normal share holders. With an update on the Tungsten price China traded through Easter up both days and up again today.China's tungsten charts are a sea of green all Tungsten producers are watching with great interest.I am investing in CNQ for the Tungsten side of things,but I fully understand our boards new projects and I support them. CHEERS
 
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Last
4.8¢
Change
0.004(7.87%)
Mkt cap ! $99.10M
Open High Low Value Volume
4.5¢ 4.8¢ 4.4¢ $79.97K 1.769M

Buyers (Bids)

No. Vol. Price($)
1 1536 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 92000 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
EQR (ASX) Chart
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