EAR 0.75% 33.3¢ echo resources limited

KEY METRICS

  1. 602 Posts.
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    EAR Feasibility Study released 6th August 2018 plugged in A$ gold price of $1600 , versus circa $1850 today .

    Obviously, moving scenarios here , but the pre and post tax IRR's were impressive ...although non geared scenarios, which it won't be .

    Capital costs to restart Bronzewing should be status quo +/- , and opex costs should also not significantly in at least stage 1 .

    Revised resource statement should be significantly upgraded , particularly in the Indicated category although Measured will remain unchanged .

    NST will be all over these numbers , and it seems by the volume thru in the last few days , some of the more astute Brokers are doing the same .

    No in depth analysis in this post , just a revisit of Announced Information which supports the buying upside still from this level .

    Take  a revisit look at the 6th August 2018 for yourselves , and form your own opinion

    cheers

 
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