OTCPK:EQST - Post by User
Post by
Nikolaion Aug 18, 2010 11:20am
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Post# 17361080
8/16 10Q says 3.2bn RUB deposited
8/16 10Q says 3.2bn RUB depositedby the JV partner.
https://biz.yahoo.com/e/100816/eqst.ob10-q.html
With collateral in place the questions are how soon a funding package can be put together for the first project or will the package include several projects? Recent FX rate of 30.44 (reference Kitco
https://www.kitco.com Russian Ruble, near bottom of the home page) yields USD 105 Million equivalent for RUB 3.2bn. The 10Q quotes $102,368,000 so the figures are pretty much in line.