EQN 0.00% 22.0¢ equinox resources limited.

equinox sitting pretty in zambia, page-5

  1. 2,449 Posts.
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    I remember Hardman well.........and you learn from your lessons. Mine is if you agree with the fundamentals of a stock stick with it. Fundamentals is the key word and I keep doing the math on EQN and still keep getting a SP of AUD10+. With the latest round of copper forecasts lets hope there is no big brother taking us out.

    I don't like the look of it though - selling down from AUD5 and if there is a takeover it looks like the premium may only get us to AUD6-7 bucks at best.

    Earnings per share of AUD1.50 (after tax) + a 37 year mine life + miles and miles of further promising tennements. I would be sl#tted if there was a T/O.

    By the way Jojo how's Phuket ?

 
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