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agreed gomer - and I think its just a matter of time before the...

  1. gopherbroke
    1,363 Posts.
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    05/02/25
    17:17
    Post #: 77720925
    agreed gomer - and I think its just a matter of time before the apt price starts to crawl upwards following this Chinese ban - with a little more clarity around supply, punters can better determine their longer term prices they are prepared to trade at.

    But of course, its now all going to be focussed on WHERE that supply will come from and how, and at what price, they can secure it

    Im tipping the EQR hotline is running red hot right now following this announcement

    Buyers will not be ringing G6M - they will not be ringing TGN because they are not producing yet - as for Almonty, they will just be piggy backing the hype because Sandong is also not producing

    Also not mentioned for a while is the low USD - the May 2023 BFS update which brought Mt Carbine up to an NPV of $307M was using a rate of $0.688 and we are now around 0.62
    EQR Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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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
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
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