Still reading through it. - lower capital risk. - profitable quarry provides downside protection - expects industry wide supply decline with increasing demand. - valuation gap narrowed by open cut production starting soon. - drilling program will add more resource and value. - in 2025 shows a potential dividend of 2.5c per share - potential acquisition target due to increasing mine life. - incremental approach has addressed many risks (de-risked). - 82% of the mineral resource is only at scoping study and REMAINS OUTSIDE THE BASE CASE VALUATION.
Giddy up!
EQR Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
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