EAR 0.75% 33.3¢ echo resources limited

Comical. The cover slide says it all. The rig is drilling a...

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  1. 1,262 Posts.
    lightbulb Created with Sketch. 34
    Comical. The cover slide says it all. The rig is drilling a scissor hole - the collar of the opposing hole is clearly in view. This will generate a guaranteed result, probably with exaggerated widths ie a directors special.

    Anyone who believes bronzewing can make money on sub-2gram dirt at 2.4 Mtpa (the approx. throughput of the mill) and hauling that kind of distance is just playing with themselves. The surface rock chip samples remind me a lot of abu and their nonsense - that did not end well and was yet another example of a boards' ambition exceeding its capabilities.

    Bronzewing plant was running hard, primary underground ore when it last made money. These guys are going to shove soft pus through it. I'll be pegging an application over the tails dam.
 
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