EAR 0.75% 33.3¢ echo resources limited

Owning the Bronzewing plant is a belter. That plant is worth...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,851 Posts.
    lightbulb Created with Sketch. 259
    Owning the Bronzewing plant is a belter. That plant is worth more than the current market cap once touched up. This has provided a massive leg up for this company as many won't be able to raise the capex to build one. No time wasted for EAR to build one either. They also have the ability to toll treat. The reserves will build what ever the first number is, so don't hang your hat on the first number. I am focused on their cost per ounce number, that is even more important that reserves at this stage. They will end up with years of mine life and they basically have plenty to turn it on now imo. Owning the plant and hitting over 2 grams should have their costs lower than just about anyone imo. That is the real key because they can just keep drilling and adding tons. Dyor
 
watchlist Created with Sketch. Add EAR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.