EQR eq resources limited

Some really good feedback here, thanks to all contributors.Lets...

  1. 73 Posts.
    lightbulb Created with Sketch. 20
    Some really good feedback here, thanks to all contributors.

    Lets keep in mind that they have been touting that by end of 2022 they will have all current plans and objectives in place and certainly seems they are on track to achieve that (I assume 2022 financial year not calendar)

    So FDR by end of April, sample, assay results then updated feasibility. Without any prior experience following such a process, it would seem 6 months away before we have an updated feasibility. Then we need cash/grants?

    Given there has been a resource upgrade to the stockpile of up to 28 times (see release 7th Sept 2020), recovery is higher, getting into the ground will ultimately cost less with higher yields are we not 12 months, if not less, away from a decent boost to the SP and then who knows what from there?

    Whilst an extra $6m cap raising was not what everyone was hoping for if the project had an NPV of $160m ten years ago with inferior technology, recovery rates and opex then $6m will hopefully seem a small price to pay to get this thing pumping sooner (12-18 months?)




 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.1¢
Change
0.004(10.8%)
Mkt cap ! $111.8M
Open High Low Value Volume
4.0¢ 4.2¢ 3.7¢ $306.8K 7.833M

Buyers (Bids)

No. Vol. Price($)
1 78945 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 349999 1
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
EQR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.