EQN 0.00% 27.0¢ equinox resources limited.

EQN...A stand-out long term buy IMO- 170,000 tonnes per year-...

  1. 2,086 Posts.
    EQN...A stand-out long term buy IMO

    - 170,000 tonnes per year

    - 30+ years mine life

    - Cost per pound $1.15, and expected to fall as Lumwana becomes fully operational

    - hedging contracts in place for 124,585 tonnes over three years at $2.65/lb, which alone are worth US$243M profit at current prices


    and IMO, likely to be targeted by a predator in the future.
 
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