Once the deal is completed with Oaktree, who happen to be one of the largest private equity investors in the world. I think you will see a whole new world of promotion and communication with the market. The value of the assets will be push us into the area where insto. investors will take an interest, but we need the finalisation of the deal (before Xmas) and the economic picture from Kevin and Tony's visit to understand the true value.
You can mine the mine or you can mine the market. Mining the market is trying to talk up the market. it might provide a short term sugar hit and allow a few traders to turn a nice profit but as G6 are starting to find out. The market works it out eventually. They are now at 7.9c and falling after tapping the market at 17c and 14c in the last year.
EQR Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
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