EQR 4.26% 4.5¢ eq resources limited

Yes Plonka 2000t's through the ore sorters for the 40t per day...

  1. 763 Posts.
    lightbulb Created with Sketch. 70
    Yes Plonka

    2000t's through the ore sorters for the 40t per day to the gravity plant. Without the % of how much is coming from the waste dump and how much of the OC is being upgraded makes it's difficult be sure, but adding 1/2t per day is realistic and the opex on processing the waste dump will be much better than the LGS at mount carbine.

    Over the years EQR have put out numerous updates that in isolation look amazing, but when the numbers come out they still lose money.

    So it should be easy to have production above a 180t per month for 540t total for the QTY. But with the using 190t's a day being feed into the Gravity plant I am struggling to see how to get to the 540t. Whats your guess for the gravity plant head grade, availability and recovery required to get their?

    It's also no surprise that Scottm came up with a 100% more and his "There is $200m of plant and equipment on site" is even more fanciful.
    But "5,000t of tungsten for one nuclear fusion reactor? That would be HUGE!!!" that next level desperation to ramp. 5 minutes of research puts that to bed and shows commercial production of nuclear fusion reactors are still decades away.




 
watchlist Created with Sketch. Add EQR (ASX) to my watchlist
(20min delay)
Last
4.5¢
Change
-0.002(4.26%)
Mkt cap ! $83.64M
Open High Low Value Volume
4.6¢ 4.6¢ 4.5¢ $69.96K 1.544M

Buyers (Bids)

No. Vol. Price($)
2 420841 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 171438 1
View Market Depth
Last trade - 15.32pm 30/05/2024 (20 minute delay) ?
Last
4.5¢
  Change
-0.002 ( 2.17 %)
Open High Low Volume
4.5¢ 4.6¢ 4.5¢ 122330
Last updated 15.07pm 30/05/2024 ?
EQR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.