EQR
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0.00% 4.8¢ eq resources limited

My understanding is they have enough cash to get into production...

  1. scottm
    2,234 Posts.
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    06/06/23
    11:48
    Post #: 68151013

    My understanding is they have enough cash to get into production and expected to be cashflow positive very quickly. So no plans to raise $$ as Kevin said in the latest webinar. The next phase is the expanded drilling program and this is expected to be funded from cashflow as Tony said in the webinar.

    EQR Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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