EAR 0.75% 33.3¢ echo resources limited

Bulldust, page-42

  1. 8,616 Posts.
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    Hi ST

    EAR only has 153M shares on issue so was coming off a very low market cap base, not to mention had just gotten rid of its dud former MD (noone wanted it while he was there), so not surprised by its outperformance. I expect it to move towards 25c short term, maybe higher if any positive surprises in Julius infill drilling which are due before end of this month according to April ann.

    MKO needs to announce a toll treat deal to start getting sustained interest. Was hoping for something by now, but disappointed so far.

    Cdchi1
 
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