In looking at an earlier Annual Report they indicated the following:
Measured and Indicated 4.7m tonnes for 321,000 ozs
Inferred 6.2 m tonnes for 359,000 ozs
Total 10.93 m tonnes for 680,000 ozs
and were looking at 750,000 tonnes per year for 50,000 ozs.
They have purchased a plant from Sons of Gwalia (Bullfinch). Rothschild also now have an involvement.
It looks promising and some earlier reports at around $500 oz to $550 oz indicate a good return.
HDN have recently made an announcement on the QLD project they purchased by a placement of about 5% of HDN to WTE.
EHO is now starting to produce revenue domestically (Jetset & QLD Gov't) in addition to that coming from Asia. Some good background reading in relation to the ACE system is at ICSAT.com as well as their own website echotecho.com
This one is worth some research.
WTE Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
