Ormonde couldnt get the grades up high enough to be profitable for them. We however have a Technology in Tomra that helps increase the grades enough to make it profitable. EQR would have tested the resource through its own Tomra's as part of the DD and was obviously able to improve the grades, hense why they decided to buy it (Oaktree have paid a premium as well for our shares). Like with EQR, previous managements could get our mine into action, but current management have been able too with an IRR of 477% and a payback of less than a year, so i'm sure they will get this mine to work.
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Ormonde couldnt get the grades up high enough to be profitable...
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Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $93.69M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.3¢ | $13.51K | 393.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 29706 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14706 | 0.034 |
7 | 1180585 | 0.033 |
3 | 313750 | 0.032 |
2 | 508000 | 0.031 |
4 | 786699 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 150000 | 1 |
0.037 | 26315 | 1 |
0.038 | 275640 | 2 |
0.039 | 1110000 | 3 |
0.040 | 445847 | 1 |
Last trade - 15.17pm 20/06/2025 (20 minute delay) ? |
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EQR (ASX) Chart |