EAR 0.75% 33.3¢ echo resources limited

Broker tips Echo to rise sharply on imminent results, page-13

  1. 405 Posts.
    lightbulb Created with Sketch. 7
    IMO they need to get themselves in a position to run the mill at 2m tpa (max was 2.7mtpa) for at least a 3 year LOM to turn the mill on - a lease or toll treat deal with Bullseye would be a great win win, potentially taking half this capacity.

    Looking forward to seeing the latest round of drill results, particularly for Orelia which is close to the plant and cutback already completed. Results I thought were due out 1-2 weeks back so can't be far away.

    Regards,

    Barry
 
watchlist Created with Sketch. Add EAR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.