EQX equatorial resources limited

Break even points, page-12

  1. 3,910 Posts.
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    Hi taboon,

    "eqx will remain stranded"

    EQX's Mayoko deposit is not stranded, transport infrastructure already services the deposit. You may wish to do some further research regarding what a stranded deposit means. For example, Mbalam and Nabeba are stranded because they are 500kms from the coast with no railway or port built.


    " Even with the low labour costs of the region the processing of the low quality ore which they have is very expensive and far outways the return on the investment and project viability"

    Processing of the ore is $6p/t. Whether you judge that as 'very expensive' is a personal call, but I doubt many with knowledge of the industry would refer to it as that.

    Secondly, can you please post your calculations of Mayoko's ROI? I assume you must have done them to be able to state processing costs far outweighs return on investment.

    Good to see the comedy routine continue guys. Hopefully you continue posting nonsense and embarrassing yourselves as it lets everyone see your agenda and how it reflects on you.

    Good luck!
 
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