Added to YB: 2025-12-12
Pitch date: 2025-12-10
EQX.AX [neutral]
Equatorial Resources Limited
-7.32%
current return
Author Info
No bio for this author
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
Is This $30M Stock Hiding a $2B Legal Windfall? - Equatorial Resources Limited
EQX.AX (pass): $30M co chasing $395M-$1.25B ICSID arbitration claim vs Republic of Congo. Award due late 2026. Looks mispriced until you check precedent: Commisimpex recovered only 3.9% after 30 years vs Congo. Even win = $15-25M after years of enforcement risk, time decay, competing creditors. Market correctly pricing ~40% recovery probability.
Read full article (6 min)