EQR 139 million shares on issue. Proposed production of 140,000 tons of copper {310 million lbs). Cash cost U.S$0.41/lb. At U.S.$O.85/lb EBITDA U.S.$105 million. Copper price now U.S$ 0.93 that adds another U.S$24.8 million. EQR holds 51% .EQR has letter of intent to buy Phelps Dodge interest which places EQR in position to neg. in respect of 100% of project. Suggest a read of EQR reports and a consult with your financial adviser. Lash
