This grant of $6m may negate the need for any short term plans to raise further capital.
Correction today's announcement, (Capex funding for MT Carbine expansion secured), has negated the need for any short term plans to raise capital.
Not the best timing today none the less extremely pleased with this news, funding the expansion without using equity installs shareholder confidence imv. Tungsten may not at present be sexy however I believe that will change when the market has further exposure to the company.
EQR Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
