EAR 0.00% 32.5¢ echo resources limited

They will get their 100% but there's no rush at all to get...

  1. 396 Posts.
    lightbulb Created with Sketch. 56
    They will get their 100% but there's no rush at all to get there. Time is on their side. The Jundee plant is running at full capacity currently they can't process all the ore, that's why its being stockpiled. Right now they need Bronzewing which is at the moment the juiciest asset and they got it. . . ;-)
    BB is a very shrewd operator and well known for not paying over the top for any assets. This one will now probably go on the back burner for now and 3% been bought on market every 6 month.
    Eventually a mop up bid will be made, but when and at what price is everyone's guess.
    I would think that now control of EAR has been secured management will be more concerned getting Pogo running smoothly.
 
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Currently unlisted public company.

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