Hi Malmanu, as Westcott pointed out it's the economy of scale.
Economy of scale is what is required as a business justify the investment.
Once the mining comvention is signed, the pressure will be on EQX and cash depletion could be a major concern once pre-feasibility is given the tick. I can tell you Gindalbie's Karara mine got a big thumbs up. I don't think those studies generally (not specific to EQX) are worth the paper they are printed on based on history.
As night follows day, capital raising could follow and the sp is anyone's guess.
Hi Malmanu, as Westcott pointed out it's the economy of scale....
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.34M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 58210 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 33900 | 2 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| EQX (ASX) Chart |
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