http://www.proactiveinvestors.co.uk/companies/news/38753/west-africa-offers-good-returns-for-right-iron-ore-projects-says-broker-38753.html
Australian–listed Equatorial Resources’ (ASX:EQX) main project is the Mayoko-Moussondji project, which is right next door to the African Iron ore deposit. Equatorial is targeting a resource of 50-100 Mt by June 2012.
“Equatorial does not yet have a resource but does have double the strike of African Iron right next door and early drill results from their Mayoko-Moussondji project are encouraging – intersections from first 5 holes showed potential for DSO at 60% Fe.”
Overall, Fairfax is bullish on the region and believes that even with the economic uncertainty caused by the eurozone’s woes, projects and companies in west Africa with projects likely to come to market could get re-rated in 2012.
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.74M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42581 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 138572 | 1 |
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| Last trade - 09.59am 24/06/2025 (20 minute delay) ? |
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