EQR eq resources limited

I want to know why everyone is blaming mits for the delays? Lets...

  1. 3,028 Posts.
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    I want to know why everyone is blaming mits for the delays? Lets consider another scenario where perhaps its CNQ that is dangling the carrot before a few other suitors in the hopes of gaining a better outcome for shareholders. Maybe Mits is getting frustrated they cannot move ahead either.

    You would be surprised at some of the shoptalk I hear in Singapore.

    Fact: The mits deal is non-binding
    Fact: Tungsten is in demand
    Fact: CNQ have not had the best management team driving them
    Fact: CNQ have clearly stalled or gone slowly for financial reasons

    Look at both sides of the coin and plz get off the blame mits scenario. No other company that has mits as a jv partner on the asx is complaining about them. But nobody else has CNQ as a jv partner, so perhaps we can't compare.
 
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(20min delay)
Last
4.4¢
Change
-0.001(2.22%)
Mkt cap ! $120.0M
Open High Low Value Volume
4.5¢ 4.5¢ 4.3¢ $119.9K 2.712M

Buyers (Bids)

No. Vol. Price($)
3 303691 4.2¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 76494 1
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Last trade - 16.21pm 04/07/2025 (20 minute delay) ?
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