My view - First step- EQN needs to do some serious drilling and...

My view - First step- EQN needs to do some serious drilling and produce a JORC defined resource not a remodeled speculative proven tonnage before anyone is going to get interested in backing the project.
Next step - wait until China stabilizes it's economy -steel mills are again profitable and iron ore prices are such that the many projects in the Pilbara on the starting blocks like the EQN project are commercially viable. Companies like MIN and FEX will struggle in this market let alone new projects trying to get attention in the melt down that is currently occurring in China.
Then compete with Guinea which will do the same to iron ore that Indonesia has done to nickel. Most CEO's of iron ore juniors are like the nickel CEOs -never saw it coming - kangaroos in the headlights. And now throw in the unions and the pastoralists- we pay rent to DMIRS - Shire rates and now the pastoralists want 'disturbance fees 'too. Everyone is out to kill the golden goose that lays the eggs.