EQX 0.00% 15.0¢ equatorial resources limited

In accordance with the terms of the Transaction announced on 5...

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    In accordance with the terms of the Transaction announced on 5 November 2010,
    African Iron has paid to Cape Lambert AUD$47 million in cash and has issued
    120 million African Iron shares (on a post consolidation basis) to Cape Lambert,
    which represents an approximate 25% interest in African Iron (together, the
    Consideration).


    POST....
    cfe: dated 11 jan 2011

    ----------------------------------------

    no... about $5.50 a share not 500... I wish






    DYOR
 
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