EQR
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6.82% 4.7¢ eq resources limited

starting to look much stronger - suspect some consumers may have...

  1. gopherbroke
    990 Posts.
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    27/04/24
    12:51
    Post #: 73536554
    starting to look much stronger - suspect some consumers may have been reluctant to lock in forward supply arrangements due to high cost of holding at current interest rate levels
    Maybe now the FOMO factor is starting to kick in with some starting to secure supply
    There have also been rumours circulating about China importing and stockpiling tungsten in readiness for a Taiwan "play" at some point - if there is any truth at all in this, then this in itself could soak up some supply
    EQR Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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