EAR 0.75% 33.3¢ echo resources limited

I see from BFS- AISC $1035per oz EAR should well see EBIT...

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  1. 6,287 Posts.
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    I see from BFS- AISC $1035per oz EAR should well see EBIT -$73.5mill pa @gold $1770oz AUD

    Now with AUD looking weak and possible break sub 70c and energy fuel costs down 15-20% since the BFS

    AUD Gold looking very Bullish to push for new record highs during 2019/20

    Mt Joel much needed ore to extend LOM 10yrs + ??

    Great support from largest  Blue chip Gold major NST

    Screaming BUY IMHO --30c-35c early to mid-2019 price target

    then after some solid Qtrs of production if the numbers are good and AUD Gold is booming some market sentiment to the sector is Bullish then we could see P/E- 8-10 etc  800-1billion market cap 2020
 
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Currently unlisted public company.

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