EQX equatorial resources limited

Hi all,Just been reading up on Cape Lambert, DMC project.Cape...

  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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