EQX equatorial resources limited

scoping study, page-5

  1. 3,910 Posts.
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    All good legendary, I suppose I'm being on the conservative side. I'm not wanting to get myself expecting a re-rate on the Scoping Study release to be disappointed. We are in a tough IO environment, and there's every chance the market is already expecting an OPEX of $50 and a small CAPEX, so confirmation of this may not move the needle too much. There might be a small movement upwards, but not expecting anything large. I definitely agree that any real re-rating will occur after CAPEX finance sorted, however that may end up being achieved.
 
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