I think the issue is the JORC didn't look great with a head grade of 40%. Anyone who has been following this resource closely though would know that this is very easily upgradeable to 63% - A premium product.
The scoping study is the key for EQX. I agree with Jayneen as by June we should have seen a scoping study which will show the numbers around Mayoko. I think based on the resource, low capex, sport Iron Ore price and low operating expense the scoping study will be a cracker.
Share price is disappointing but when 80%+ is held by the top 20 the liquidity is sucked out of the market. Doesn't take many sellers to push it down. The flip side is it won't take many buyers to push as right back through
I think if your in EQX you can't focus on the day to day movements. In 12 months we will either have been taken over or nearing production/producing. $1.30 will be a distant memory.
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.97M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 32052 | 3 |
View Market Depth
| Last trade - 16.22pm 13/08/2025 (20 minute delay) ? |
| EQX (ASX) Chart |
Day chart unavailable