EAR 0.75% 33.3¢ echo resources limited

Ann: Equity Raising Investor Presentation, page-12

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  1. 730 Posts.
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    Oh, the irony...

    http://www.theaustralian.com.au/bus...y/news-story/71709909194b7d2d158dcabb38056908

    #trustathiefnevertrustaliar

    Agreed re: your point around ongoing exploration and drilling into 2018 (assuming you were referring to pg. 20 of the ER presentation). I am giving them till the end of 2017 to continue drilling and announce both a reserve upgrade (somewhere in the vicinity of 200,000 - 300,000 reserve ounces) and a decision to mine. This to be shortly followed by financing arrangements, etc. I have had it confirmed to me from two members of the board that they are serious about getting into production, so I will keep them to their word.
 
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