EQX equatorial resources limited

Ann: December 2014 Quarterly Report, page-5

  1. 3,910 Posts.
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    Hi malmanu,

    Yes I think you are correct, EQX are in a better position than most IO hopefuls at the moment. While I don't think EQX will find partners and funding to develop Mayoko in $60p/t IO conditions, I do think that EQX has the fiscal strength to get through this shake out.

    IMO other IO hopefuls don't have the cash reserves to get through this shake out, which is going to cause serious issues come the second half of this year.

    Good luck!
 
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