EQR 4.55% 4.2¢ eq resources limited

Another one in trouble, page-2

  1. 1,000 Posts.
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    This just goes to show how difficult a task it is to resurrect a tungsten mine, and how much all shareholders should be celebrating the achievements of Oli, Kevin and the BOD.
    They have never missed a beat, have achieved every milestone (and more, a' la Wolfram Camp & Barruecopardo) and they have done all this on a mere $25M of capex - quite an outstanding story of exemplary strategy management and execution skills

    And now we are producing more than 300 tonnes of concentrate per month at $20,000 per tonne (and rising)

    Tungsten West, after 100's of millions of pounds have already been spent on the Hemerdon mine, are now looking at a further GPB65M just to get restarted in 2025 and when they do restart they will have ongoing community issues, noises issues, and traffic movement issues to contend with - I hope they can do it, 'cos the world needs tungsten, but it will come at a price

 
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