EAR
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0.75% 33.3¢ echo resources limited

Cannacord just put 40c target on it Valuation. Our A$0.40/sh...

  1. blueballs
    8,493 Posts.
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    19/10/17
    09:30
    Post #: 28019661
    Cannacord just put 40c target on it

    Valuation. Our A$0.40/sh price target is based on an NPV10% for the Yandal gold project, net of corporate and other adjustments. We have also assumed A$20m in equity raised to complete the funding for the project (50:50 debt/equity) and our valuation is diluted to account for these assumptions.
    EAR Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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