EAR 0.75% 33.3¢ echo resources limited

tolga kumovas stable?, page-4

  1. 8,493 Posts.
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    Cannacord just put 40c target on it

    Valuation. Our A$0.40/sh price target is based on an NPV10% for the Yandal gold project, net of corporate and other adjustments. We have also assumed A$20m in equity raised to complete the funding for the project (50:50 debt/equity) and our valuation is diluted to account for these assumptions.
 
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Currently unlisted public company.

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