EAR 0.00% 32.5¢ echo resources limited

Ann: Ceasing to be a substantial holder, page-20

  1. 12,924 Posts.
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    Would be a great outcome and HUGE kick upwards for the SP..only need a 35mill 1yr loan @ 8% paid off in the first year, then several more years of production reaping 420mill net- cashflows pre-tax ...

    But maybe NST isn't playing ball and is pushing for a script deal for the $35mill and with the pressurized SP hoping to take their interests to over 40-45% ??

    Surely in the current low rate environment EAR mgmt could raise the funds from mutable sources 8% with some free opts 15c ex. ?? the BZW plant along must have a 30mill firesale value to any creditor
 
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