Be aware though that there are a lot of disgruntled long term EQR shareholders that have been told the same BS many times before. And every time in the past, when the share price looked like it was going to start moving, it fell right back.
Repeated broken promises, ‘unexpected’ delays and capital raisings is a possible reason why the share price hasn’t moved as many are still skeptical that management can actually deliver this time.
Many are likely waiting to see if they can finally deliver actual meaningful increased production at Mt Carbine, positive cash flows and profitability before they decide to buy anymore.
Fingers crossed…
EQR Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
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