EAR
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0.75% 33.3¢ echo resources limited

Ann: Quarterly Activities & Cashflow Report, page-5

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  1. Ajax
    5,363 Posts.
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    30/10/18
    20:14
    Post #: 36321179

    Yes. Cash position looks ok for next 6 months (just). Internal rate of return of 132% post tax for stage 1 of Yandal project over 3 years at AUD1600 ounce gold with payback in 1.1 yrs. That improves at current AUD gold price of about $1725.


    EAR Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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