EQX equatorial resources limited

Ann: June 2014 Quarterly Report, page-12

  1. 16,852 Posts.
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    lets assume US$45 per tonne in costs and they get up to doing 2m tonnes a year , even assuming a low sale price for their high grade 64% fines is US$75 is going to produce a profit margin of US$60m per year. They could increase that to 4m tonnes per year using current infrastructure and that profit doubles. They have enough ore for 20 plus years at 4mt per year.
    Last edited by malmanu: 17/09/14
 
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