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rogerdat

3,746 Posts.

14

15/02/19

16:55

Post #: 37452797
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Originally posted by GoldenGeckoSnr ↑

I know the history well enough ST78. Sad story .. especially given they were so close to getting their teeth into the higher grade. NAV basically did most of the prestrip on Cockburn for EAR to benefit from.

So many positives for the current EAR holders. For example- look at the tailings dam up there. They'll never have to build one again using the old discovery pit and then central pit for disposal into. Working capital savings going forward are massive. It's a bloody good situation to be in. Cracker of an asset to be sitting on.

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Wild card here is AUD POG.
Next few weeks could be a cracker IMO.

EAR Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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