Added to YB: 2025-09-11
Pitch date: 2025-09-09
EQX.AX [bullish]
Equatorial Resources Limited
-5%
current return
Author Info
Triple S is a professional special situations investor who shares ideas in their newsletter. Sign up for the newsletter.
Company Info
Equatorial Resources Limited engages in mineral exploration activities in the Republic of Congo and the Republic of Guinea.
Market Cap
AUD 25.6M
Pitch Price
AUD 0.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
-11.30
P/E
-6.03
EV/Sales
N/A
Sector
Metals and Mining
Category
special_situation
Equatorial Resources (EQX:ASX): A Two Billion-Dollar Arbitration Play Trading at Lottery Ticket Prices
EQX.AX: $15M market cap vs $529M-$2B ICSID arbitration claim against Republic of Congo for expropriated iron ore projects. Congo no-showed March hearing, fined A$1.2M costs. Final hearing Nov 2025. No litigation funder = 95% award to shareholders. $6.2M cash, 8qtrs runway. Bonus Guinea arbitration potential.
Read full article (5 min)