EAR 0.75% 33.3¢ echo resources limited

Ann: Lowlands Results Point to Open Pit Potential, page-6

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  1. 6,851 Posts.
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    You almost Wonder if NST might make a cheeky bid. Probably not in some ways, but it must be tempting at another level. The funds have oversold the stock sub 4c under NST's average price and they would not know what NST and the EAR management would know. They could bid 40c here and get the company at a discount with their strong share price. I think they will wait for more resource to build before they eat the company. They are due some drilling on the chunky Julius North project as we speak and there have been some good previous results there. dyor
 
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