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1.04% 9.7¢ ecograf limited

Let's see if this short term point of resistance point gets...

  1. IonMan
    768 Posts.
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    20/03/17
    16:27
    Post #: 23487249
    Let's see if this short term point of resistance point gets busted, and the next resistance point is 20c back in Sept/Oct 2016.
    13 trading sessions was all was needed to move from 18c to 34c back in May/June 2016.

    We could however be looking at NPV around USD 300M on 60KTpa, finance done, and existing off-take partners swooping on the measly 14KTpa left over. (All contracts are for minimum tonnages). 6 bags still only puts our market cap around 250M AUD.
    KNL Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 17  Upvote
    lightbulb Created with Sketch.  Great analysis
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