EQR eq resources limited

Arr well come back @plonka. I not sure what you don't...

  1. 929 Posts.
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    Arr well come back @plonka. I not sure what you don't understand. It clear that there is a very large group of EQR shareholders that want out and are selling into any volume they can.

    Because EQR have been saying for 5 years that there operation would be cash flow profitable, remember the 477 IRR, and quarter after quarter they keep dangling the carrot and the fact is, the losses keep coming, as it will again this quarter.

    They are in desperate need of more cash now to fund the operational losses. They also need to funds for capex and looks like they are pushing ahead with the TMG deal. O and refinance the 40 odd million in Saloro debt.

    As for Almonty, there operating mine is not the biggest but does make money and as @binbin pointed out they were able to raise the fund needed to get Sandong into production and clearly not from flippers. Which in it's self is not good news for EQR.

    That said, I would not be investing in either of them at today's price.


 
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(20min delay)
Last
3.5¢
Change
-0.001(1.41%)
Mkt cap ! $99.46M
Open High Low Value Volume
3.6¢ 3.6¢ 3.5¢ $84.31K 2.405M

Buyers (Bids)

No. Vol. Price($)
3 44192 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 379224 6
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Last trade - 10.35am 31/07/2025 (20 minute delay) ?
EQR (ASX) Chart
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