Ah a voice of reason. Yep, agreed, this is not a short term...

First 3 Last

Share
Profile

Follow
goedy

500 Posts.

105

15/12/21

17:02

Post #: 58316074
Share

Originally posted by Phantom1974: ↑

Stating the obvious but, really good presentation this morning.

Reinforces confidence in what they are doing up there. Plenty of nay sayers but, (IMHO) this will prove to be a great investment. The time frame may not suit many people but the value in the ground is hard to question.

Over $100m in the bank in 3-4 years based on 15% of the KNOWN resource, with more to prove out along the way and more in the ground that is yet to be taken into consideration.

Can't fault the direction being taken, looking to preserve shareholder value, sure it takes a bit more time but by taking small bites and building gradually the costs are controlled and shareholder value maintained / increased by avoiding dilution.

I previously thought there was an 18month to 2 year time frame for any significant value in this (12 moths ago now) feels like it may be longer (unless the market wakes up to what's happening or sees some more targets getting hit (smashed)) But I believe it will be worth it in time.

To any newbies, welcome. Don't get stressed by short term fluctuations or sucker punched by low life's trying to talk it down for their own benefit. (To date I haven't seen a single negative comment that has been supported by facts or logic)

If you are a newbie, do yourself a favour and read the last 12-18months of releases/presentations and you will see the right team is leading the way here, they don't bullshit, they hit targets and they know what they are doing.

GLTAH

Expand

Ah a voice of reason. Yep, agreed, this is not a short term prospect but it will deliver and there should be some good SP growth on the way there. NPV 151 million he said could easily be justified, represents a SP of 11c - today! We are trading at 6c, you do the math.

EQR Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Trump is President Again: What Does This Mean for Crypto?

First 3 Last

Add EQR (ASX) to my watchlist

(20min delay)
Last 4.9¢		Change 0.001(2.08%)		Mkt cap ! $111.8M

Open	High	Low	Value	Volume
5.0¢	5.0¢	4.9¢	$15.17K	306.3K

Buyers (Bids)

No.	Vol.	Price($)
1	271100	4.7¢

Sellers (Offers)

Price($)	Vol.	No.
4.9¢	75458	2

View Market Depth

No.	Vol.	Price($)
1	271100	0.047
1	300000	0.046
3	413666	0.045
1	65000	0.044
2	98969	0.042

Price($)	Vol.	No.
0.049	75458	2
0.050	22775	2
0.051	105277	2
0.052	31165	1
0.055	121739	2

Last trade - 12.03pm 08/11/2024 (20 minute delay)

EQR (ASX) Chart

Ah a voice of reason. Yep, agreed, this is not a short term...

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Universal Biosensors flat despite fresh deal with US medical product distributor

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Trump is President Again: What Does This Mean for Crypto?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ah a voice of reason. Yep, agreed, this is not a short term...

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Universal Biosensors flat despite fresh deal with US medical product distributor

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Trump is President Again: What Does This Mean for Crypto?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News