I really do share you optimism scottm but just can't help the uneasy feeling that something is amiss with EQR; we produce Tungsten (by tailings processing not mining), then we ship and sell the Tungsten but we realise miniscule revenue and the shareprice and market cap languish - what are we as the punting public missing?
On a separate note, does anyone know what the EQ of EQR stands for? I couldn't find anything when they changed the name.
On a separate, separate note: Those look like 1 cubic metre bags, a quick google of Tungsten density shows 19,300 kg / cu.m; being nearly 20t is far too much weight for one bag to hold and there's eight bags shown on the truck which would put the load well in excess of that permissible on public roads without special permits, I'd suggest they're likely to be 25% full at best -> say 5t/bag...
Against the eight bags shown we could surmise there's somewhere in the region of 40t being loaded to that truck, what then would we guestimate that that to be worth in $$$?
I really do share you optimism scottm but just can't help the...
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