EQR eq resources limited
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Good announcement This will give them more control over the...

  1. scottm
    2,449 Posts.
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    16/08/24
    12:40
    Post #: 75237798
    Good announcement

    This will give them more control over the mining plan. It was released as a materially sensitive announcement which would suggest significant savings. As a rough guess maybe $2m to $8m per year.

    The most interesting part is the top Golding employees are staying and moving to EQR and most of the Goldings employees. They haven't required fly in and fly out and this confirms they won't need to. The location is pretty attractive for those already in FNQ.
    EQR Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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3.3¢ 		Change
-0.001(2.94%) 		Mkt cap ! $88.34M
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