I guess everybody realises that adopting ore sorting increases capacity of the plant by increasing grade, or same thing, reducing bulk tonnage thruput.
So having anned that they are increasing ore sorting capacity by 50% they are really saying the plant can handle more of the sorted tonnage, by up to 50% - that's huge.
Further, since its a gravity plant, and high frequency screens have led to higher thruput, IMO Saloro is on its way to a further major capacity update.
That and the inevitable price appreciation as supply issues take hold means EQR could easily see a doubling of EV, in the short term, 'unknown' in the long term.
IMO only and based on my own DD for my own investment thesis. Not advice.
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-141
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Last
4.1¢ |
Change
0.004(10.8%) |
Mkt cap ! $111.8M |
Open | High | Low | Value | Volume |
4.0¢ | 4.2¢ | 3.7¢ | $306.8K | 7.833M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 78945 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 349999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 78945 | 0.038 |
1 | 4000 | 0.037 |
1 | 75000 | 0.035 |
3 | 165000 | 0.034 |
3 | 369581 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 349999 | 1 |
0.043 | 88255 | 2 |
0.044 | 575714 | 3 |
0.045 | 1268034 | 2 |
0.046 | 370000 | 2 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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Paul Rennie, MD & Founder
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