EQN equinox resources limited.
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eqn coppermine potential

  1. lash
    4,189 Posts.
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    20/02/05
    17:22
    Post #: 799471
    Resource 900 million tons @.7% copper.
    Proposed production of 280 million lbs/year.
    At u.s.95cents/lb ebit u.s.$ 1o5 million.At 1.45 cents ebit=u.s.$ 231/year .
    At todays copper price ebit would = u.s.$ 2.30/ share.
    EQN share price A$ 0.65.
    At selling 75% for project finance the remaining 25% could represent earnings/share in the order of A$ O.72.
    Could be worth a few risk $.
    Lash.
    EQN Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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