clearly you and EQR are a mismatch - you have a short term...

clearly you and EQR are a mismatch - you have a short term expectation of this company whilst EQR are playing a much longer game

You either want a short term gain (and get out) or a dividend (long way off) whilst EQR are building a base which will see the company be a significant (perhaps even the most significant) supplier of tungsten concentrate to the western world FOR A LONG TIME

They have seized on an opportunity to acquire Saloro and as a result are now the largest tungsten producer outside China (with more to come) (forget about those ridiculous claims by Lewis Black) and consequently are in the spotlight of Australian Federal and Qld Govts as well as other Foreign Govts with whom we have close ties (MOU's etc) and are equally concerned about the supply lines of critical minerals such as tungsten.

The European Commissions Critical Raw Materials Acts, as advised by Ollie in his recent webinar, is now in play - which means European lenders, under the Act, can financially support non European mining projects who have been able to demonstrate their capacity to contribute to the supply problem - dont forget, tungsten, in particular, is seen as Europe's MOST critical material.

So Goedy, lets assume you were on the Board (God forbid) and a great mine came up (perhaps an existing European one as advised by Ollie/Kevin as being considered), the CRMA is in play, and a great financial package has been negotiated or offered by a European institution/party such that it was just a great opportunity to acquire in a market with rising tungsten price, increasing demand and short supply.

In your capacity as Director, would you pass this up on the basis that you want to see a positive Qtrly cash flow first (or perhaps a dividend) and allow that great opportunity to be snapped up by another operator with the consequential effect that your NO vote created an opportunity for a direct competitor to EQR in those critical supply lines ?

Be careful how you answer that - everything you have said so far has been dead against any further acquisition UNCONDITIONALLY.