EQX equatorial resources limited

Ann: Update on Arbitration Against Congo, page-4

  1. 14 Posts.
    lightbulb Created with Sketch. 4
    We’re looking at a potential award in the hundreds of millions, compared to a market cap of just US$10 million. There is likely an opportunity to monetize the award by selling it to a litigation finance fund, such as Burford Capital, which specializes in enforcing claims against sovereign entities. Argentina and Venezuela serve as precedents—creditors managed to recover a significant portion of their claims. In this case, even a recovery of just $50 million out of a much larger award (10% or less maybe) could generate substantial upside, making this a potential multi-bagger. Do your own DD. I am long.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
17.0¢
Change
0.000(0.00%)
Mkt cap ! $22.34M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 48408 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 20000 1
View Market Depth
Last trade - 09.59am 23/07/2025 (20 minute delay) ?
EQX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.