EQR eq resources limited

Ormonde couldnt get the grades up high enough to be profitable...

  1. 324 Posts.
    lightbulb Created with Sketch. 51
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
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
Last trade - 15.17pm 20/06/2025 (20 minute delay) ?
EQR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.