EAR
Click for more information
0.75% 33.3¢ echo resources limited

45c is low ball IMO. The plant is worth $120mill on its own and...

  1. rogerdat
    3,746 Posts.
    lightbulb Created with Sketch. 14
    clock Created with Sketch.
    15/02/19
    07:21
    Post #: 37444157
    45c is low ball IMO.
    The plant is worth $120mill on its own and we are trading at that level.
    With BFS and JORC upgrades within 6 weeks I can see Echo trading at $300mill MC or circa 60c SP by end of March.
    I don't believe NST will make a move before BFS and JORC upgrade and that will give the SP a chance to reach fair value before any T/O premium.
    All IMO.
    EAR Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch. 2  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
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.