EQR eq resources limited

No Plonka do not admit to anything as Rob is the one who is...

  1. 549 Posts.
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    No Plonka do not admit to anything as Rob is the one who is wrong and wont admit it. As posted by me previously the effective date of this table is the 01/09/2024. Year 1 does not end until the end of August 2025, Year 2 is August 2026. Rob tried to say the resource was from December 2023. WRONG. The 2023 estimates were reduced due to mining during the purchasing phase so they could be included accurately in the August 2024 report which has a start date of 1/09/2024.Year and day 0..

    Explain to me and others Rob, in the recent slide presented in the EQR forum why did EQR. say that the mine was cash plow positive after 6 to 9 months? Surely that should have been at least 12-15 months by your flawed logic.

    And what is this creative (good) accounting statement except pure BS. MC was practically shut down for 6 weeks with no blasting or drilling, could that be the cause of lower expenses? EQR has mentioned production cost reductions by bringing activities in house so there is commentary about reducing costs.





 
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