EQR 0.00% 4.5¢ eq resources limited

This just goes to show how difficult a task it is to resurrect a...

  1. 1,040 Posts.
    lightbulb Created with Sketch. 187
    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

 
watchlist Created with Sketch. Add EQR (ASX) to my watchlist
(20min delay)
Last
4.5¢
Change
0.000(0.00%)
Mkt cap ! $100.6M
Open High Low Value Volume
4.6¢ 4.6¢ 4.4¢ $13.55K 300K

Buyers (Bids)

No. Vol. Price($)
1 11386 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 47396 1
View Market Depth
Last trade - 11.49am 04/09/2024 (20 minute delay) ?
EQR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.