EQR eq resources limited
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Ann: Webinar - Mt Carbine Tungsten Project Update, page-40

  1. RandAlThor1
    765 Posts.
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    07/06/23
    09:31
    Post #: 68167174
    Thanks Plonka,

    Read through the report. I have a questions regarding the last quarterly report... In this report it indicated that EQR produced 140,000 tones of WO3. At a spot price of USD$320/tonne there should be a massive influx of cash into the coffers yet the receipts are only for $700,000. Just trying to get my head around $ projections as I realise there are profit sharing arrangements with investors.

    If you add up all the WO3 produced since FY2022 Q1 there should be significant amounts in the bank. What am I missing is my question I guess?

    https://hotcopper.com.au/data/attachments/5332/5332712-6f7c0fce5ac8144dcd9a0b1246e3afd0.jpg
    https://hotcopper.com.au/data/attachments/5332/5332716-b55ae1fb7139160a7f881c637cb3ac2a.jpg

    EQR Price at posting: 6.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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