EQN has stated that Ausenco/Bateman's will present the EPC in the first quarter of '06. In the absense of any contrary update, that means it'll be released within 2 weeks.
With Cu at USD$2.35, EQN's fundamentals look fantastic.
The original BFS was calculated with an assumed Cu price of USD$1 and it was still viable at that.
The CAD closing price on Friday night equates to over AUD$1.60 so we can expect a reasonable surge on Monday. I think we'll see AUD$2 by mid year providing all timelines are met.
Persuader
EQN has stated that Ausenco/Bateman's will present the EPC in...
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Last
32.5¢ |
Change
0.010(3.17%) |
Mkt cap ! $40.13M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.5¢ | 31.5¢ | $109.5K | 335.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24182 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 100000 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EQN (ASX) Chart |