EQR eq resources limited

Morning Aliadavejay I am a nobody. I have been posting on this...

  1. 929 Posts.
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    Morning Aliadavejay

    I am a nobody. I have been posting on this stock for something like 15 years. I have been a shareholder and sold at a profit. If they could deliver on what they say I would buy again.

    My numbers come from the ASX releases or other "expert" posters. So it is very easy to prove me wrong. The fact they can't,(note above how Scottm did not answer my question on how expenses magically are forecast to drop 75% ) leads to the EQR forum police to try and bully / flame to protect the narrative.

    gomer08 posted more than 12 months ago "I think you will find that they will cash flow positive very soon and by a large amount too"
    But he says he is very happy with the progress. Hello

    With the second x ray sorter and early works completed before the start of Q1 the company's target is 75 to 100 t per month. Even if they had done the 70t pm that's 210t, but they only did 135t or 45t per month and that did not even come close to covering the cost.


    As for the current production I don't know. Earlier in the year they put out a number of production updates but the last was in August. I don't take the silence and them raising more cash as positive. But that's just my opinion.

    Q2 is done and we will know in a few weeks what the products was. So for a little fun. I will lock in 180t.

    As always happy to be corrected.

    https://hotcopper.com.au/data/attachments/4956/4956859-55ef432efea256b1082a0f88c7843584.jpg
    https://hotcopper.com.au/data/attachments/4956/4956872-8fef00cdc1ddec79b1775cae31953831.jpg

 
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3.3¢
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Mkt cap ! $93.78M
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