So going off Plonka's estimates of around 457t for the Jul-Sep qtr @ $20,000 (estimate) a tonne, we should get somewhere close to $9m in revenue. If the following qtr averages around the 450t a month then you are looking at $27m for the qtr. Starts to give you an idea of the amount of cash flow this thing could be producing and doesn't even include Spain which was doing around 150t last update and should improve more as they dial in the Tomra and maybe add a few more. They could also be doing 200-300t soon as well which would be another $4m-$6m a month.
I wouldnt pay too much attention over the next few weeks to the Share Price jumping around as the next 2 qtrlys will show this company's real value.
Ann: EQR Achieves Daily Concentrate Production Record, page-17
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5.7¢ |
Change
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Mkt cap ! $127.5M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.7¢ | $1.994K | 34.52K |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 314379 | 5.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 359478 | 1 |
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