The deal with Regal was previously announced, so just confirmation of the money arriving.
The only thing wrong is the share price. Everything else seems to be going well. New uses of tungsten, drilling program soonish, gear in place to handle wet season, enough capital, tungsten price holding up, $AUD under 70c, no new major producers, a good team in place that have had 12 months of operational training, a mining contractor (Goldings) about to start and independent research suggesting 12c based on only 15% of known resource.
simonincairns - need to get some locals to support a local FNQ company.
EQR Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
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