This company is simply unbelievable - every single announcement is a WIN, WIN, WIN. Since getting involved in Barruecopardo, the EQR team have doubled the recovery rate and almost doubled production.
Again, Kevin has highlighted the similarities between Mt carbine and Barruecopardo being "..high grade sheeted vein systems ..", both of which lend themselves to the magic of the TOMRA Xray ore sorters.
(NB Special mention to RandThor - this is what you call "due diligence" and explains/justifies why EQR acquired the company)
From here, the recovery rate will go up to 90%, the production rate (WO3 tonnage) will ramp up significantly and probably similar to Mt Carbine, the cash will be flowing in at an increased rate and this will translate to PROFITABILITY and as a consequence Oaktree will be very happy, as will all of us.
Kevin has "boots on ground" very soon and I sure his interaction with the newly established technical team/s, there will be more good news to come and very soon
EQR Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
