re: Ann: Management's Discussion and Anal... The GFC2 could happen again. It would mean the share price goes down like the proverbial as well as the price of copper going down. EQN would have great assets with no demand for them.
On the hand, America keeps on recovering, China keeps on growing, India gets its act together with subsequent high demand for copper. Equinox is able to meet this demand together with rising output and rising prices makes shareholders richer.
I am not the smartest guy out there but I reckon you could multiply the its the cost EQN can produce its copper by its output. I read somewhere that the new EQN would be cash flow positive by the fourth year.
Looking at its results out today, they are a beautiful numbers going by my first year accounting, I am confident the new deal will be a success.
You make your choices.
Ann: Management's Discussion and Analysis - Q, page-5
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Last
30.0¢ |
Change
-0.010(3.23%) |
Mkt cap ! $37.05M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 30.0¢ | $34.50K | 114.9K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 102162 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 4280 | 1 |
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| Last trade - 15.48pm 24/07/2024 (20 minute delay) ? |
| EQN (ASX) Chart |