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Ann: Mt Carbine and Saloro Operations Hit New Production Records, page-40

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gomer08

284 Posts.

37

11/09/24

15:56

Post #: 75630776
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Originally posted by gopherbroke: ↑

An interesting line from my article posted earlier at 11.55.......

" The Mt Carbine operation has been producing tungsten concentrate for the past three years, with around 200 tonnes a month worth around $3.5 million being produced from its open pit. "Mt Carbine = 200 tonnes per month = $3.5M
does that then follow that if you add Saloro and get another 200 tonnes (approx) that we might get close to $7M combined ? For one month ?

Lets assume this refers to the month of August and lets also assume that Sept could be similar, or better, depending on new equipment, plant downtime etc etc etc then Aug & Sept would look very nice. Add to this a probably not quite so great a July, say 70% of August - and you still get an "assumed number" of much greater than the June Qtr reported revenue.

Do your own numbers - but I think we are going to see a level of improvement that most shareholders will be happy with - JV is out of the way for virtually the whole quarter plus there will be about half the quarter of the Goldings factor included as well

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Mt Carbine is 50% grade where as Saloro is 65% grade so probably a higher price at Saloro. So should be a good qtr and the Dec qtr things should really start to step up.

EQR Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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Last 5.0¢		Change 0.004(8.70%)		Mkt cap ! $111.8M

Open	High	Low	Value	Volume
4.8¢	5.0¢	4.7¢	$29.43K	606.4K

Buyers (Bids)

No.	Vol.	Price($)
1	50000	4.9¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	315799	2

View Market Depth

No.	Vol.	Price($)
1	50000	0.049
1	21269	0.045
1	250000	0.043
1	150000	0.042
1	100000	0.041

Price($)	Vol.	No.
0.050	315799	2
0.051	500000	1
0.053	740000	1
0.054	15450	1
0.055	1050000	2

Last trade - 16.10pm 11/09/2024 (20 minute delay)

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