EAR 0.75% 33.3¢ echo resources limited

Ann: Half Year Accounts, page-10

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  1. 6,851 Posts.
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    According to the preso, it’s about 6 months to refurb the plant. I reckon they can do that quicker myself, but we all need numbers/ targets.
    The company has over $50m in losses as of today, so no tax for the first year. This will be a cash pig off the radar. I like the management and the asset other wise I would not bother. Dyor.
 
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Currently unlisted public company.

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