EQR eq resources limited

APT - slow steady climb...., page-20

  1. 3,941 Posts.
    lightbulb Created with Sketch. 365

    Yep.
    Australia has second largest reserves of tungsten in the world. Tungsten development a no brainer with what's happening with the west and China. (China being by far and away the main supplier).

    XRF ore sorter to upgrade ore by up to 20×
    Huge resource.
    Income stream as a quarry.
    Aim to become top three global tungsten miner outside of China.

    Difference between us and KIS can be noted in the grade and size of resource.

    KIS 3.14Mt @ 0.73% WO3
    EQR 47 MT @ 0.13 WO3

    Just need the XRF to work at commercial scale and it's on for young and old.
 
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