ECH 2.78% 37.0¢ echelon resources limited

bright future, page-13

  1. 10,832 Posts.
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    Sorry but I only hold the heads & I definitely don't want the options exercised - dilution with mining & oil stocks is the ugliest thing and unnecessary in this case - they don't need the money & probably don't want the options exercised although of course they have to say the opposite to appease optionholders.
    I agree that the sp will fire up from July & that's when the takeover might arrive.
    I've never seen so much cash being generated & at such incredibly huge margins/profits.
    It's going to be hard to keep a lid on the heads for another 100 days but I hope it can happen and maybe a falling production rate in April/May will do the trick as they're only projecting an average daily rate of 30,000 barrels for the next 100 days compared with 44,000 barrels per day in February.
 
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