EAR 0.75% 33.3¢ echo resources limited

Some faith shown by NST, albeit at 11 cents, and as an...

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  1. 2,285 Posts.
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    Some faith shown by NST, albeit at 11 cents, and as an underwriter being paid 2.5%.

    NST get to appoint a member of the board, and have raised their holding to over 22%.

    Strong relationship established with MACA.

    Good start for the new CEO.

    The only disappointment was the 1 for 20, when it should have been up to a maximum of $15,000 (probably also at 11 cents).

    There won't be much of a shortfall, if any.

    Now they need some really good exploration success to propel it forward.

    I wish NST would lend them a couple of their exploration geologists for 6 months.

    Gw
 
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