Hi everyone,
The copper price is rising fast and EQN is rising with it.
As I speak the price is now A$5.41 up more then 8% on the TSX.
Just remember EQN will produce at least about 300 million lb of copper this year with the last production costs coming in at $1.19/lb.
With the copper price now above $3.42/lb they will make more then $2/lb profit before tax.
This company will have its own money printing machine with their huge Lumwana copper mine at these copper prices.
Good luck to everyone.
jojo
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Price($) | Vol. | No. |
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