Thanks 2ic
just did some quick sums - EQN say they expect to produce 172,000 tonnes per annum of copper concentrate
172 000 tonnes = 379 195 091 pounds
So if Copper stabilises around he $2/lb mark (hard to se it staying much lower) then EQN will rake in $379million per annum. Double that if copper moves up to $3.
marketcap currently around 1 billion. 37 year mine life thus far.
Seems an attractive proposition - shame I have no free capital tho!
cash costs, page-3
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24.5¢ |
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Mkt cap ! $30.34M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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