EQX equatorial resources limited

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  1. 1,858 Posts.

    Hi all,

    Just been reading up on Cape Lambert, DMC project.

    Cape Lambert retain royalty, 25% stake in company purchasing DMC. In effect valuing project 100 mill +

    their explorationn target 0.9 - 1.3 billion tonnes

    If I read correctly their strike dist 7km approx
    Our strike distance much larger - 46km

    Cap ex small in comparison to peers

    Upside is unlimited.

    Thank you Gibba for your friendly advice!!

    Good luck

 
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Mkt cap ! $19.71M
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