EAR 0.75% 33.3¢ echo resources limited

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

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  1. 134 Posts.
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    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
 
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Currently unlisted public company.

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