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...
Add to My Watchlist
What is My Watchlist?
