EQR eq resources limited

These money guys will screw investors . They bought a problem...

  1. 170 Posts.
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    These money guys will screw investors . They bought a problem and are tipping more in to get out of it with there shirts still on. They can't profitably mine the stuff without a huge price increase and as I've always said .....wait till they go underground and they will find out how hard it is to chase the veins profitably . Grabbibg an extra 20% off the table to buy downstream processing ain't worth it. I've been around mining sites all my life and have worked with Tungeston before
    it's a very hard ask to do it profitably,the Chinese are the only ones to do it .
    The old boss( Kevin) talked about EQR having a farming philosophy towards expansion over time( this was in an earlier corporate video) what's unwinding here couldn't be further from this. We have a huge wage bill now with all these suits and experts at the helm . It's only a $120 million dollar cap company for Christs sake!
    Last edited by mustangsallynz: 19/05/25
 
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Last
3.6¢
Change
0.001(2.86%)
Mkt cap ! $96.37M
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3.7¢ 3.7¢ 3.5¢ $31.50K 866.3K

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7 1741799 3.5¢
 

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Price($) Vol. No.
3.6¢ 62857 1
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Last trade - 15.27pm 16/06/2025 (20 minute delay) ?
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