The uplift in the production this quarter compared to the last two, should put them close to opex. neutral. The increased production from doubling crushing facility will require more ore sorters (planned for more) and therefore give more $$ and profit.
I think there will be more ore sorters by the time the extra crushing plant is in place.
Then they will move to assess the underground and increase the size of the reserves.
Need to remember the open pit is approx 15% of the known resource.
EQR Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
