After watching the video, these are the points I have taken out of it:
1. BFS is only estimated around 20% of total reserve. 2. BFS market cap likely to be around $150k-$200k (20%) 3. Sourcing another XRT from TOMRA and negotiating price. 4. Quarry working on very large contracts for this year and fulfilling intermediate contracts with things picking up. 5. Project completely de-risked. 6. More drilling to expand the resource. Seeing great signs to the north for further testing. 7. Doing bore holes for future water requirements to run operation once pit is emptied. 8. BFS likely to be completed by mid November. 9. 23% of workforce are Women & Aboriginal and likely to increase as more workers will be required as project progresses. 10. Cash neutral currently with around $6m in the bank. 11. Current price is $320 per 10kgs. ($32k/T) 12. 12 months time Kevin believes we will be profiting significant cashflow as well as exploring and developing the underground. Looking at a significant growth story.
EQR Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)