EQX equatorial resources limited

Ann: June 2014 Quarterly Report, page-17

  1. 10,494 Posts.
    ...Are you aware that a railway line with a 10-11mtpa capacity runs 500 meters past the deposit, and connects to an already functioning deep water port?...

    Hi Squidd, I think you should have a look at how many coal junior/explorers in Queensland today with rail (of majors) running beside them are now gathering dust and have no means of ever getting into production. To get port and rail access sometimes requires upfront money. If there is no project economics, it's very hard (not impossible) to even get over the first hurdle.

    That 11MTA could possibly go to someone who can use it (if EQX can't - not saying so).
 
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