Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-205

What am I lying about. It's not the debt, Not the fact the mines make no profit. Not the fact the plant upgrade is on hold because they need more raise more cash.

As for credibility. Remember your post in 2021 "I think you will find that they will cash flow positive very soon and by a large amount too."
Yep 2021 and here we are in 2025 and we can add "Next Qtrly report will prove you wrong as EQR will most definetly be cash flow positive from both mines."

Do you not understand that because they ran out of water at MC, The plant was not running at the start of the year and then they ran out of explosive's. So they are yet to even expose the high grade ore.

Then at Saloro. They have not reported that February was a record production month. So that would mean the ramp up stalled back in November. 33000 MTU's for the Qty is no where near profitable.

Happy to pick up when the quarterly drops and shows more losses. Although the 1/2 yearly will drop in a week or so. That we show how the debt and operational losses keep mounting up.