EQR 2.08% 4.7¢ eq resources limited

Tungsten Price UP, page-6

  1. 5,261 Posts.
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    Decent play here with offtake agreements likely given the current tungsten price and low capital costs required for their Mt Carbine Project. With mineralisation open at depth and other perspective tungsten exploration tenements nearby this could increase the current 10 year mine life. Success here should also fund capital requirements for their lithium exploration in Chile. Either way we are all cashed up for the first round of drilling in the world renowned "Lithium Triangle" which imo explains why the SP has held up well given the recent craptacular market conditions...

    DYOR
 
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