EAR 0.00% 32.5¢ echo resources limited

Ann: Company Update, page-8

  1. 12,098 Posts.
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    I for one am glad they are in no hurry to build the mine.
    My ever growing frustrating and disappointment with miners usually begins when they actually turn their plant on! There is no rush to lock in finance, when, potentially, they will be using 100% debt. That sort of option should only be chosen if the MD and development team are well and truly proven.

    I am hopeful they can indeed tweak the project so as to ensure an even faster payback early on.
    As long as they don't make mistakes like other developers have (and are doing right now, arg!).

    Anyway, good to see the MD is gone. Now... who can they find that wants to turn a plant on, keep NST on their toes and explore a proven belt?
 
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