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7.87% 4.8¢ eq resources limited

UK Broker SP AngelEQ Resources (EQR AU) A$0.046/s, Mkt cap...

  1. scottm
    2,150 Posts.
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    26/06/24
    08:09
    Post #: 74488757

    UK Broker SP Angel

    EQ Resources (EQR AU) A$0.046/s, Mkt cap A$95m– Record production rates from tungsten operations as prices rise

    1. EQ Resources reports that Mt Carbine has produced 70.4t of 50% WO3 concentrate over the past week, up 16% wow.

    The increase came primarily as a result of higher-grade ore being mined from the Andy White pit, alongside benefits gained from the XRT ore sorter.

    Saloro reported weekly production of 50t of 50% WO3 concentrate, with improvements stemming from higher recoveries and processing plant debottlenecking following equipment improvements.

    The Company notes a 10% price increase for tungsten prices over the June quarter to date


    EQR Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
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