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.
EQN...A stand-out long term buy IMO- 170,000 tonnes per year-...
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Last
32.0¢ |
Change
-0.005(1.54%) |
Mkt cap ! $39.52M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.5¢ | 32.0¢ | $29.08K | 90.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 56606 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.32pm 01/07/2024 (20 minute delay) ? |
| EQN (ASX) Chart |