Cracking news.
Of particular interest is the higher grade zone which can be beneficiated to a 66.7% product. This will trade at around a $15 premium to the benchmark 62% pricing. I think this zone will/should be targeted for early production and should result in a big positive uplift in the cashflow and valuation metrics.
The company is doing there job and we can't ask for more. Share price is disappointing however I don't expect to see us at the 50c level for much longer.
Also it looks like the scoping study is still on track for June release so only a few weeks to wait.
Cracking news.Of particular interest is the higher grade zone...
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.71M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 15.0¢ | 14.0¢ | $19.29K | 130.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 50000 | 1 |
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| Last trade - 14.40pm 20/06/2025 (20 minute delay) ? |
| EQX (ASX) Chart |