EQR
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3.51% 5.5¢ eq resources limited

may I suggest you do some research before throwing dartsThe loan...

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  1. gopherbroke
    1,087 Posts.
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    05/08/24
    11:42
    Post #: 75071623
    may I suggest you do some research before throwing darts
    The loan facility is based on drawing funds for specific purpose as outlined in Tranche's A & B for $12M and $8M respectively
    I am not aware they have drawn down A yet - if they have, it must be very recent.
    Bear in mind the purpose of A is to double the plant capacity and therefore increase revenue - is that ok with you ?
    https://hotcopper.com.au/data/attachments/6360/6360392-aed0b75748d5c9aa786374e40b4ad625.jpg

    EQR Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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