Well hopefully the SP stays around these levels to I'd like to Buy some more, raided the tin and found some more funds...
EAR looking still so very cheap...when
The 120mill market value + 35mill loan see 155mill in total = move into production
then if all goes to plan the large 2mtpa plant should well see EAR record profits of $215mill within 2.5yrs at which point we will have to start paying TAX ...
but of course, we would have seen major exploration across the underexplored permits +depreciation
so more EBIT= profits
It's all set-up .. just need the right team of guys to see the SP at record highs (like the AUD GOLD price should well be 2020-21)
EAR Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held