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33.3¢ echo resources limited

Should an offer come from NST - what would you be comfortable...

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Jetballs

794 Posts.

6

27/02/18

21:06

Post #: 31394065
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Originally posted by copperroad ↑

Someone sold at a major discount. Appreciate that. People sell for so many reasons, it hard to know why.
NST bought the last 13m shares at 37c and will eventually make a bid at a higher level, so sellers must have got caught out or needed to sell.
We are due some more results and this is a big drill program rolling out here with some 9x 500m holes as only part of that program. Dyor.
Ps
That 41c valuation is not allowing for a new discovery and ongoing resource upgrades and tons.

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Should an offer come from NST - what would you be comfortable accepting?

What comes first NST offer or EAR making a decision to mine?

EAR have always maintained that the wont restart the plant until they have sufficient reserves. Safe to say they have the goods to satisfy this now.

EAR Price at posting: 32.0¢ Sentiment: Hold Disclosure: Held
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