the TMG webinar is a legit shit show. laughable. new CFO came promoting use of tungsten using jargons like margin, strategic, footprint, diversification etc etc. this is not his area of business. he should present information on 1) how eqr is going to fund the TMG purchase. either internally of rights or whatever. nothing. 2) how attractive is the deal. ROI on the investment. how much more money eqr could be making and how it will translate to increase market valuation going forward. not a word from the CFO on these. what a joke. in any case, the elephant in the room is whether eqr has broken even or profitable at this moment. Q3. there should be clarity on the path to profitablilty. CEO kevin jibber jabber recovery, sorters, offtake, ferrotungsten et etc. how do all these translate to money? this platform debated on whether eqr is breaking even but the CEO never discuss this. why? if we are not breaking even now, it s ok but we like to know when. if the CEO cannot make an educated guess, who could?
the management should be more forthcoming on the matters at hand. we deserve better than this!
EQR Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)