Another great presentation. A couple of negatives. Delay to open pit due to change of government pushing the delivery of the $6m grant funds. Wet slurry pipeline not big enough and requires upgrade. Not sure if it’s an additional pipeline or replacement of current. Not ideal but it’s a pipeline so nothing too complex or concerning and shouldn’t cost an arm and a leg.
Information around resource/bfs very positive again. Great to hear first year/s open cut is close to zero strip. Demand from customers pushing for increased production. Clarification on jv is good. The slide set seems to be getting more and more impressive too. Bfs going from 3 to 4 years of open pit. Pit shell contains 1 mil less tonnes for the announced 29% increase of mtus and expectation of adding at least 4 more years of open pit in the next 12-24??? Months off the back of the next drilling campaign.
EQR Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)