EAR 0.75% 33.3¢ echo resources limited

Exactly! I was figuring around 400-500K ounces at 2.0 g/t. Not...

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  1. 730 Posts.
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    Exactly! I was figuring around 400-500K ounces at 2.0 g/t. Not sure what others were expecting on the known data to date. OK, grade is lower than I expected, but not an issue during Stage 1 (years 1-4). As you said, they should be able to generate $230m ($566 x 407,000) in FCF during that time. Nothing to sneeze at. I reckon they will get the head grade up before Stage 2 (years 5-8.5). CdChi1, the market agrees with you, mate, as it usually does, however, with those numbers, this project has the scale now to tempt the bigger players from a T/O perspective. I'm happy to keep holding here.
 
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