EQR eq resources limited
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Well I have only had a quick read, it "LOOKS" better than I was...

  1. Rob1000
    912 Posts.
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    01/05/25
    11:00
    Post #: 78876491

    Well I have only had a quick read, it "LOOKS" better than I was thinking.

    That is because they dropped $5.5 million in production and admin costs. Given there is no commentary to explain this, I am guessing that it some good accounting and current liabilities will be blowing out further.

    Even so they still burnt through another $4.5 million in cash.

    But plonka as you can see the grades are falling away at Saloro. Are you finally going to admit I am right and they are now well into year 2 of the Saloro mining plan.???????

    https://hotcopper.com.au/data/attachments/6973/6973232-130db2c3c915848d28fe63e229b73407.jpg


    EQR Price at posting: 4.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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