EAR 0.75% 33.3¢ echo resources limited

EAR won't be given away for a song. NPV vs SOI vs LOM vs P/E 10...

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  1. 1,587 Posts.
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    EAR won't be given away for a song. NPV vs SOI vs LOM vs P/E 10 = ~30c (see my post above for rough numbers). What's the exploration ground worth? DFS assumed $1600 AUD POG. 3 months ago POG was over $1750. What will it be in 2 years? What's a new plant cost to build from scratch - $150/$200M? Yadda, yadda, yadda. The current market cap does not represent true value at all.

    I think NST will be forced to pay up for this baby, even if it's not the 55-60c we all once hoped.

    Thanks for the BGL mention - its hard to keep across each and every miner.
 
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