Yeah, I think that is right. A lot of holders like my self bought into Echo at low to mid 20 cents, then even luckier ones with the stomach to trust the bet, bought into the SPP at 13 cents averaging entry price of mid teens (again, like myself).
So, getting 33 cents gives you a 2 bagger at least. Sorry for those who didn’t take up SPP and bought in at around 30 cents. Still, a gain nonetheless.
My point is that NST factored this in and 33 cents was somewhat reasonable. To be honest, I have concerns about costs that EAR would have in getting to production. Better to let NST take that risk.
I your heart is still in the EAR assets, you can now buy NST and keep an interest
EAR Price at posting:
33.0¢ Sentiment: Sell Disclosure: Not Held
