CGG citadel resource group limited

Big shame. At current copper prices they are getting CGG for...

  1. 349 Posts.
    Big shame. At current copper prices they are getting CGG for about 4 times cash flow from JS alone. Cheap, very good deal for EQN. Our only hope for more $ is another offer or the additon of a second mine and exploration prospects makes EQN even more attractive to institutions and helps boost it's share price.
    I was hoping for a bidding war as i think they were always going to get snapped up by someone especially when they got 100%.. Actually i think any decent new junior copper producer will get snapped up once they clear all the hurdles.

    I mean what is going on with OZL? I thought they were looking for 50kt/a projects to add. bizzare that they are not interested..
 
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