EQN equinox resources limited.
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citadel in our pocket

  1. jojosydney
    9,509 Posts.
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    31/12/10
    09:25
    Post #: 7673456

    Hi everyone,

    Great news today we are now only 1.05% away from compulsary aquistion of the last outstanding shares in Citadel which means we have basically Citadel in our pocket.

    Once this is behind us Equinox can start unlocking the value of this company.

    Equinox could not wish for a better position to be, in with cashflows at all time highs due to our high copper prices.

    We should be able to see a fair re-rating once Citadel has become part of Equinox.

    jojo
    EQN Price at posting: $5.90 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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