EAR 0.75% 33.3¢ echo resources limited

Ann: Yandal Gold Project - Bankable Feasibility Study, page-36

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  1. 1,587 Posts.
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    ( ($135m NPV / 8.5yr) / 489m SOI ) * PE 10 = ~32c....yeh yeh, I know Nords hates these calcs.

    DFS is ok....yes, it's not an outstanding value proposition but its ok. Looking forward to more exploration....not looking forward to more dilution.

    PS, we live in a shite gold sentiment environment, so I think that has something to do with the SP.
 
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