..."Very happy with the cash burn rate"...
Hi Squidd, there is a reason for this. Unlike a company on the move doing pre-construction planning & preparation, trial mining and clearing activities which requires a lot of money amounting to a few million dollars a month, EQX is (IMO) in a state of flux.
It dosn't matter whether the low grade stuff is magnetite or tinged with a bit of haematite, at the end of the day there is no economy of scale.
Vanguard IMO should have gotten out long ago.
..."Very happy with the cash burn rate"... Hi Squidd, there is a...
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Last
15.0¢ |
Change
0.015(11.1%) |
Mkt cap ! $19.71M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $27.43K | 185.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 10.09am 19/06/2025 (20 minute delay) ? |
| EQX (ASX) Chart |