EQR eq resources limited
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The positive record recoveries and production rates have finally...

  1. Worknotes
    1,476 Posts.
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    31/01/25
    14:32
    Post #: 77646550

    The positive record recoveries and production rates have finally seen profitability at Solaro.
    The negatives are plentifully, MC wont be generating positive operating cash flows in the near term however material cashflows are expected to be generated in (future quarters). Not overly convincing really given they will require further funding via additional debt or equity financing arrangements. Further dilution to shareholders and for mine that doesn't align with the expected material cash flows statement.

    Debt-: Circa $42m due or refinanced by July 2025 that's 5 odd mths from now just shy of 2 qrts.

    I'm thinking rabbit and hat.
    EQR Price at posting: 2.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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