EAR
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0.75% 33.3¢ echo resources limited

The maths and valuation is pretty straightforward.500,000 ounces...

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  1. BitterVictorian
    134 Posts.
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    08/02/19
    13:43
    Post #: 37376746
    The maths and valuation is pretty straightforward.
    500,000 ounces at a cash cost of A$1100/ounce.
    At today’s gold price a margin of A$700/ounce.
    Gives an undiscounted profit of $350M, with upside over a 4-5 year mine life.
    BV
    EAR Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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