EQR eq resources limited

I think your last point "Expensive equipment and not suitable...

  1. 419 Posts.
    lightbulb Created with Sketch. 75
    I think your last point "Expensive equipment and not suitable for every deposit and commodity" is a large reason why the JV didn't utilize XRT sorters at Barruecopardo. Oaktree had sunk a lot of money into this mine to get it running and they had probably hoped they wouldn't need more capital assets (expensive, more property at risk, a change in operations at site creating more risk, potentially unfit purchase for this mine), so they didn't go about purchasing them until EQR got involved, told them the mineralization looks similar enough and had a proof of concept that it would help. The other reason is probably that the JV required equal consideration or similar from both parties, perhaps they got to a sticking point where one party decided they didn't want to invest anything further.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.4¢
Change
-0.001(2.86%)
Mkt cap ! $88.34M
Open High Low Value Volume
3.6¢ 3.6¢ 3.2¢ $66.52K 1.995M

Buyers (Bids)

No. Vol. Price($)
1 100000 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 248770 1
View Market Depth
Last trade - 16.10pm 23/06/2025 (20 minute delay) ?
EQR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.