Must still be some receivavles owing from the Q2 sales...
12,000 mtu produced and in theory sold.
12000 x .5 grade x usd 320 mtu x 50% share for equ less a discount is circa $1.1M in sales of which $700k has been recieved.
eqr look to be wearing all of the production cost under the JV
the next three quarters to end of calendar year are critical to see.how quickly the revenue and cash generation lifts as the high grade 100% eqr product starts being processed.
EQR Price at posting:
8.0¢ 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)