"I must have missed something said re points 2 and 3. But point 1 re acquisitions: I thought it was a pretty good move and the 9c price should have been benchmark."
Yes I think so. EQR only received 1/3 of the 9c the rest went to pay Oaktree debt. So in effect they only paid 3 cents per share.
Armitage Shanks I can't see how there numbers will meaningfully improve as Scootm has also said, without the increase in crushing capacity.
So does anyone know when the new Sandvik crusher is being installed.
You know the 350t per hour plant that was ordered back in March 2022. It was originally due to be delivered for production to start in Jan 2023. It was then delay until later in the year, before being delay again until the end of the year and then into next year. With gopherbroke saying in December "(c mid Jan) will see the delivery of the Sandvik crusher at Mt Carbine"
EQR Price at posting:
5.3¢ Sentiment: None Disclosure: Not Held
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