The company is very methodically ticking all of the right boxes.
This official news from the Government can only increase any potential strategic partner's confidence that the project is viable.
Mining Licence application on target to be lodged before the end of the year.
Another interesting point was this part;
"Further detail on infrastructure developments in the Republic of Congo will be provided by Equatorial in a Transport Infrastructure Update to be released in the coming weeks."
As Welborn stated in this address in the previous release, while the SP has been tracking downwards over the past 12 months, the Mayoko project has become far further advanced.
It's a question of whether you believe the company can push through to production by securing the CAPEX funding, or at least attract interest for a possible T/O at a premium.
The question is whether
EQX Price at posting:
66.0¢ Sentiment: Buy Disclosure: Held
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