EQX equatorial resources limited

Cash Backing

  1. 3,910 Posts.
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    Well here we are, chilling out down at what will likely be cash backing when the Quarterly Cash Flow Report is released.

    March 2014 Cash Flow showed $42.29m in the bank and budgeted $2.35m to be spent in the June 2014 quarter, equaling $39.94m by the end of the financial year.

    Hard to believe the company's IO assets being worthless with IO currently @ $95p/t. Investors must either believe IO is going to be selling for $65p/t in 18 months time, or that EQX will not be able to get Mayoko off the ground.

    The quarterly may have a few new snippets of information, but anything market sensitive would need to be released beforehand so my expectations aren't all that high.

    The company needs that great relationship with the ROC Government to shine through right about now re the Mining Convention.
 
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Last
17.0¢
Change
0.000(0.00%)
Mkt cap ! $22.34M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 58210 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 33900 2
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Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
EQX (ASX) Chart
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