EQR eq resources limited

10.8%

4.1¢

They produced alot more than they needed so they must be...

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08/02/21

11:17

Post #: 50788804
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Originally posted by Rob1000 ↑

Yes gopherbroke
I know what was said in the AGM and it was consistent with the September quarterly. I was also very hopeful that they would remain cash flow positive. Unfortunately things have not gone to plan since then. As Scottm said

"The quarry is bridging the gap until the processing plant can handle the stockpile material via the Ore Sorter. This is where the real uplift in production will come from. At this stage they seem reluctant to put it through the retreatment plant until they are confident they can recover a high %.
I'm not sure what an independent feed system is but it sounds like they need to bypass a part of the existing plant. Hopefully this isn't large capex and it can happen soon."

With no new quarry contracts he knows that it can not bridge the gap past this quarter. They have owned the quarry for more than 18months and have landed only 1 material contract. When will the next one come???

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They produced alot more than they needed so they must be confident, also whats going on with the GOLD part of the company ? Maybe they could do a presentation on just what we have and that might strike an interested party to ACTUALLY DO SOMETHING !

EQR Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.1¢		Change 0.004(10.8%)		Mkt cap ! $111.8M

Open	High	Low	Value	Volume
4.0¢	4.2¢	3.7¢	$306.8K	7.833M

Buyers (Bids)

No.	Vol.	Price($)
1	78945	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	349999	1

View Market Depth

No.	Vol.	Price($)
1	78945	0.038
2	104000	0.037
1	75000	0.035
3	165000	0.034
3	369581	0.033

Price($)	Vol.	No.
0.041	349999	1
0.042	100000	1
0.043	88255	2
0.044	575714	3
0.045	1268034	2

Last trade - 16.10pm 27/06/2025 (20 minute delay)

EQR (ASX) Chart

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