re: Ann: Mining Licence Awarded for Mayoko-Mo...
Hi legendary,
"I expect Free on Board costs to be around $70 for both companies"
Interested to hear what you've added to EQX's $41 OPEX to get to $70 FOB?
I had thought if EQX went down the leasing of rolling stock the OPEX would obviously go up, but don't really have an idea of by how much.
I haven't had to lease a train or two all that often ;)
"Exxaro will have to make a decision as I would like to think John Welborn and Co are already working hard at ensuring we have a route to production post mining convention"
Agree with that. I'm confident there will be a path to production found that will mean if Exxaro want the deposit, they will have to pay good $$$ for it.
A drill program for Badondo will be released soon I believe. A program that will allow for the company to release a maiden JORC at the end of it.
EQX Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
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