" Positive cashflows is what the market is waiting for..."Is it...

" Positive cashflows is what the market is waiting for..."

Is it really ? Or perhaps just a handfull of people ?

EQR are a company in production ramp-up stage in 2 mines across 2 hemispheres - there will always be unexpected or abnormal items of expenditure due to mechanical breakdowns, unpredictable wear and tear, upgrades or improvements.

Personally, I would not be comfortable with a board who continued to squandor great acquisition opportunities (such as another Saloro) because they thought a handful of investors wanted a "cash flow positive Qtrly" before they took those opportunities.

EQR have already stated they are talking to both Govt and private sectors as a potential funding source - the very positive here is that they must continue to explore this aspect of funding for the express purpose of " being able to smooth out the bumps of unexpected expenditure" and be able to pursue their acquisition strategy concurrently, and not have to pass up an opportunity at this great time of imminent tungsten price rise.