EQR eq resources limited
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Yep. Australia has second largest reserves of tungsten in the...

  1. PovertyBoy
    3,941 Posts.
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    04/02/21
    10:47
    Post #: 50698571

    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.
    EQR Price at posting: 4.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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