Post by
biker222 on May 01, 2023 3:26pm
LOSS filos
fortunately the market had already discounted the domestic los filos issues - putting zero value on the additional reserves and expansion. But the government cartel just nailed this coffin shut. Fortunately . Equinox has other developement projects to make further investment.....but methinks no more capital spend ( wonder how long the concessions have till expiry)- shaving 20 years off IRR calculations is significant. what were they thinking?...starve foreign investment.
Interested in those with further insight. Does the north american free trade agreement not cover this?
biker