EAR 0.75% 33.3¢ echo resources limited

Possible breakout Alert, page-17

  1. 6,287 Posts.
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    First stage forecast All-In Sustaining Cost (“AISC” is A$1,036 per ounce

    that's for 412,000oz Gold stage 1 @ A$1825oz =$789oz margin =EBIT$325mill over 44 months = 11 Quarters (and Gold is looking bullish $2k likely)

    what we need>
    Total estimated pre-production capital for the development of the Project is relatively low at A$39.3 million, due in large part to the extensive infrastructure already in place at Bronzewing.. (recent raising should cover a small part of this)

    Old DFS plan (which should look even better with Mt Joel) EAR will command a very large $150-$200mill bank balance going into stage-2 around 5yrs from now,, along with much more Gold resources/reserves from ongoing free-cashflow exploration.

    I'm sure over the 3 to 4 years of exploration stage-2 will be MUCH larger in LOM past the 3.75yrs and grade as deep drilling high-grade targets are planned over this time is one of the hottest underexplored Gold districts in Aus.
    Last edited by Sharetrader78: 29/01/19
 
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