EQX are years off they don't even have a mining license, and they don't know how much resource they have....the only thing for certain is that you can kiss their cash goodbye and with it their SP(They have done well to maintain the SP on the back of the Cash balance but that looks like its about to end).before they secure any funding they have to know the project dynamics which is a long way off...Don't see anyone funding them ahead of SDL or before SDL goes into production...iron ore price and the progress of regional infrastructure developments"
"Application for a mining licence is currently progressing and plans for further exploration and
development activity at Badondo are being considered by Equatorial in the context of the current
HotNews, page-9
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