Hi everyone,
I had a good look at the announcement and have to admit that as long as the copper prices stay strong, we have a good deal here imho.
Pay back within 4 years if high metal prices continue and if all goes according to plan we will be producing more copper than Antofagsta, thats big jump up and puts up righ next to the majors.
Ofcourse the debt is a burden, but if the high metal prices continue, then Eqn is on a real BIG winner with this deal.
Its a risk but high reward for us Eqn shareholders, and will be the same for those Lundin holders, who decide to take shares instead of Cash.
I hope Equinox can pull this one off, and it will be the poison pill to keep predators away, unless those predators are going to make a move now on Equinox, which would NOT suprise me if it happens.
Looking at the material so far, I will vote in favour of this deal and hope Equinox will succeed.
Good luck guys and your thoughts are appreciated.
jojo
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