Lots of blah, blah blah going on about numbers in the half yearly - old hat - they came out in the 2 quarterlies
The key take aways for me are what is contained in the report itself plus the letter from Ollie;
...Increases in sorting
...enhancement to spirals and shakers
...still talking about the critical mineral hub
...monthly blast volume increases
...overall production throughput increases
...increases in feed through crusher plant
...mass yield of >18% due to working open pit with recoveries up to 95%
...plant run time up from 50% to 74% in Sept
...higher grades going into gravity plant
..recovery rates higher than expected
There is a huge amount of detail in this report which is underpinned by Managements transparency - they are not hiding anything
You dont see this level of production data in the G6M report
It has been said many times before that tungsten mining is bloody hard - and we know this for a fact - you dont need to look further than Wolf, Almonty. W Resources & G6M and the problems they have had and are still having.
Out of this entire group of "resurrectionists" only one company is surviving - and it is clear from their detailed reports that they have indeed had some problems, but, they have identified those problem areas, bottlenecks etc and they have fixed or are fixing them.
Isnt this exactly what we want from Management and a good operational team/s ? You monitor, identify and resolve.
We are now only 9 months into the open pit and we have achieved a lot in that short time.
Arm chair critics can always find and use numbers and projected timelines to fuel criticism which suits their own personal agenda, but do your own research and make up you own mind and dont be swayed by these shallow comments.
This company has a solid place in the global tungsten space - do you want to be there with them ?
- Forums
- ASX - By Stock
- Ann: Letter to Shareholders
Lots of blah, blah blah going on about numbers in the half...
-
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EQR (ASX) to my watchlist
|
|||||
Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $85.00M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.8¢ | $18.89K | 497.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 65284 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 75000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 65284 | 0.038 |
1 | 300000 | 0.037 |
1 | 45000 | 0.036 |
1 | 100000 | 0.035 |
1 | 500000 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 75000 | 1 |
0.040 | 712293 | 4 |
0.045 | 133000 | 2 |
0.046 | 202000 | 1 |
0.047 | 15088 | 1 |
Last trade - 15.51pm 23/08/2024 (20 minute delay) ? |
EQR (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online