Not just a 50% increase in nickel but a 105% increase in resource value, double what was before!!!
And the market reacts with a 18% rise, absolute madness. This should be multiples of this sp
Grupo Cobra are part of the ACS group who are one of the largest construction contractors in the world. That is a big deal.
Huge potential here at Eqtec In my view, we only need a couple more decent sized projects secured and this is a 100-150m mcap company. Which is what a 15 bagger
Essentially why I took a 'punt' was the fact that it appears that there is 50m of contracts won over 3 projects and 2 years so 25m per year. This does not allow for any additional contracts. I don't know what the profitability is on such work but assuming its at least 10% - the mcap is very low in my eyes.