RE:RE:RE:RE:RE:RE:Great to here.
It is a leverage play, at EQX target price of $19.50 and SLS $1.6, warrant at $.70, the gain is 40% ($1.40 over $3.50).
If you buy the share EQX only then it's just a gain of 27.5% ($4.20 over $15.30).
The risk is like you said, do you think EQX will go over $18.50 before Oct 2021? The answer is clearly affirmative IMO.