EAR 0.75% 33.3¢ echo resources limited

Ann: Presentation (Euroz), page-5

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  1. 602 Posts.
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    Looking back...….

    # When NST initially became a substantial holder , likely EAR ( board and management) entered somewhat of a "twilight zone ", and the focus of then MD became to drill and find ä gold motherzone before the takeover curtain came down .No cigar

    Looking forward ……..

    # stabilization of Board presence ,with NST Alan Thom added to the Board ….so immediately due now , the 3rd time revisited Feasibility Study and a revised Resource / Reserve and a debt funding package ( with a "visual" presence of a 23% NST on the share Register , a no brainer ) to restart Bronzewing in a 6 month time frame !

    # NST's Ramone 81k oz open pit and just for openers , and its immediate start -up smack between Echo's substantial tenements ….just adds to the phenomenal potential .

    If the share registry was still open , the immediate upside would be exceptional ...but on the other hand , the NST with its supportive presence , ensures the downside it ( eliminated?) very small !

    New drilling on the Hadrian tenement in conjunction with push button to restart Bronzewing and a sustained A$ GOLD PRICE are exactly what holders are waiting for ...hard to find a scenario that just doesn't make this 22c price still very inexpensive .




 
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