EQR eq resources limited
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Great Ann!some quick numbers please correct me where I'm...

  1. plonka
    1,200 Posts.
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    10/01/22
    11:24
    Post #: 58747207
    Great Ann!

    some quick numbers please correct me where I'm wrong

    40t in Dec@ 50% tungsten
    20t tungsten=2000MTU (20,000 kg divided by 10)

    2000* $300usd=$834,000AUD

    Half of this is EQRs half is Cronimet right?

    So currently bringing in $400k AUD a month revenue.

    "With the Early Works being completed in the coming weeks, we see ourselves right on target with the production upgrade towards +/-90 tonnes of concentrate per month."

    90t should put us right around the 1mil revenue a month. Looking forward to the next quarterly where hopefully we get some more details around the costs of tungsten production and cash flow from the quarry over the last 3 months..

    All heading in the right direction. Happy holder here.

    Last edited by plonka: 10/01/22
    EQR Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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