Yes it's all a bit unloved at the moment.
Smaller producers like AGO, BCI, WDR etc have been whacked since January, so the market is going to be even harsher to a West African hopeful like EQX.
There isn't a whole lot management can do about macro and sector wide issues.
All management can do is keep moving towards identifying the path to production.
Thank goodness for the cash in the bank, it could be worse. The company could need to be raising working capital at these levels which would well and truly destroy value.
Here's hoping we have some news regarding the Mining Convention, PFS/DFS and strategic partner options soon.
Ann: March 2014 Quarterly Reports , page-11
Add EQX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $17.08M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $7.452K | 55.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 69596 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 53055 | 1 |
View Market Depth
| Last trade - 13.41pm 08/11/2024 (20 minute delay) ? |
| EQX (ASX) Chart |