EQR eq resources limited

Great to see the quick and positive broker support here.The key...

  1. 1,355 Posts.
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    Great to see the quick and positive broker support here.
    The key component in this release that everyone should understand is the "..somewhere north of 450,000 mtus..."

    450,000 mtus, expressed in tonnes, is 4500 tonnes
    Previously, using material from the low grade stockpiles, I believe we were selling concentrate at somewhere around/north of $17,000 per tonne , which, as the article says, was at about a 30% discount to the published APT price.
    Even at this low price, this equates to $76,500,000 per annum ($76M) - PER YEAR

    And we are cap'd at $95M ??????
 
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