EQR eq resources limited
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"Last quarter net cash operating activities… "Yes they booked...

  1. Rob1000
    914 Posts.
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    14/12/24
    09:39
    Post #: 77047258
    "Last quarter net cash operating activities… "

    Yes they booked $1.226 Million in positive cash flow. but it only because of some great accounting.

    Revenue included $2.951 million in pre payments for product not supplied and $2.299 Million was moved from production costs to other non current assets as they used mine waste to raise the noise and visual bund.

    I don't think QIC fooled by the headline number and understood the normalized operational losses.


    EQR Price at posting: 4.2¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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