EQN 0.00% 24.0¢ equinox resources limited.

re: this is a monster EQN @ Copper price of $1.63 a poundcosts-...

  1. 6,183 Posts.
    re: this is a monster EQN @ Copper price of $1.63 a pound

    costs- 63c per pound

    production 185,000t

    185000 * (1.63-0.63) * 2200 = $407M ebit or around $300M+ in profit. And thats at $1.63/copper price a pound. so in the long term, copper price doesn't mean much for equinox.

    Also it will be stockpiling uranium by-product. The market will factor some few hundred million uranium potential as it has 21m pounds JORC compliant (similar to PDN)
 
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