EQX equatorial resources limited

trading at a discount to cash?, page-6

  1. 8,602 Posts.
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    Hi squid.

    As the saying goes, you need to spend money to make money. SDL are spending money to try to make money.
    EQX are Not spending any money on their projects.
    Badondo is by far the best future project that they have, I would spend cash on Badondo before the other one. Even if they did $20 million of spending on drilling at Badonda, they would have an indication with results to prove it is worth investing in. Far more likely to get Funding/JV interest from others for Badondo.

    Regards
    Westcott.
 
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Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
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