Sorry for the over posting today, but it's important that people are looking at the right picture rather than posting conspiracies (IE Oaktree rip off merchants and 80m Euro is the debt).
Before posting maybe consider the following.
The current management team
1. Have been able to re-open a world class mine with no blow in capex and opex. This has been achieved by incrementally adding to the project. This hasn't been by accident.
2. Have sourced local workers to be the one of the largest employers in Mareeba Shire
3. Have been able to secure Commonwealth Govt funding (twice - Morrison and then Albanese) paid once.
4. Have glowing support from Qld Government.
5. Have been awarded Wolfram Camp (only a few under the Abandons Mine policy) from Qld Govt.
6. Have been awarded the AMEC (Australian Mining awards) Environmental award - 640 mines in Aust.
7. Have continuing interest from NAIF.
8. A strong partnership with global metals supplier Cronimet (we get paid at the gate).
9. Signed MOU with Masan (largest mine and re-finer outside China) who have European interests (including HC Starck and Nyobolt)
10. Signed an agreement with ERMA (European raw materials alliance).
11. Royalty funding from Regal (they don't make a profit until $300m of revenue).
11. Reaching binding terms of agreement with one of the world's largest finance groups who want to take a major stake in our company at a health premium.
12. Who will have TWO producing mines and the biggest producer outside of China.
The Spanish deal has risk but I'd rather sit with shares in EQR than TGN, G6M, AII or TUN.UK
And BTW, this isn't going to be the end of the journey, I think with Oaktree on board there is more to come.
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Sorry for the over posting today, but it's important that people...
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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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