'EQR is currently in negotiations with critical minerals investment funds, potentially both from government and privatesector, as a potential funding source for the company’s growth objectives for 2024, especially to support doubling of plantcapacity as announced by the Company.' - what the hell does this mean - more shareholder dilution on the way OR more debt.
Overall:
So they made 10 million and it cost them 18 million to make that 10. WTF!!
Logically then 1.6 million tons in a quarter would bring in 20 million against current production costs of 18 (which clearly would increase markedly) - so not even profitable at that output ?! Is that sort of output even forecast .....or possible.
No wonder the SP is where it is.
'EQR is currently in negotiations with critical minerals...
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