EQN 5.71% 16.5¢ equinox resources limited.

smells like a takeover, page-25

  1. 148 Posts.
    re: i bought coz of the 'u' Fed Express,

    Why do you see dilution in the future? EQN already had a massive capital raising by way of share placement and increased the number of shares on issue from 174m to 358m. All further funding of Lumwana will be by way of debt raising. And once production begins in 2008, there will be no need for capital raising whatsoever.

    Persuader
 
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