EQR eq resources limited

Ann: Investor Update / Webinar, page-9

  1. 929 Posts.
    lightbulb Created with Sketch. 95
    You say I don't understand mining, But then go on and highlight the exact same issue, of the need to continue to spend 10's of million of dollars a year in capital costs.

    So I will ask again. How much more capital are the going to need to raise and when does anyone think they will be in a position to start to pay down the debt?

    As further example, it hard to see any real profit coming from Saloro. It is all ready a very low grade deposit. Have a look at the proposed size of the waste dump just to keep production going.

    https://hotcopper.com.au/data/attachments/6529/6529823-4c1eac9ae660f4f49695d80d1b63c034.jpg

 
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3.3¢
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Mkt cap ! $93.78M
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Price($) Vol. No.
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