EQR 2.17% 4.5¢ eq resources limited

Nice one Goedy. Like many I would have liked the silver bullet a...

  1. 69 Posts.
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    Nice one Goedy.

    Like many I would have liked the silver bullet a long time ago.

    Even as a believer in the value of this company the reality is that we don't have much to offer....just yet.

    Without the funding the material stays in the ground.

    Even with the funding we are a year or two away from some decent cashflow (early works to continue), hopefully with some significant resource upgrades in that time too.

    I like what they have been doing, will it turn out to be a dud in the end? Who know's? I think not (DYOR) but may end up with egg on my face sure.

    I think that value is there, how or when it is recognised is anyone's guess. Funding would give it a shot in the arm, maybe once we have cash for dividends the market will sit up and take notice.

    The one thing I do know is that overnight success usually takes a hell of a long time


 
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