EAR 0.00% 32.5¢ echo resources limited

A key question in resource investing is how to monetise the...

  1. 630 Posts.
    lightbulb Created with Sketch. 1
    A key question in resource investing is how to monetise the minerals in the resource base. A plant can cost hundreds of millions and take 2+ years to construct.

    The kicker in the EAR development path is the Bronzewing plant which will require around $12 million to restore and take around 6+ months to bring to operation.

    Looks like a gold loan of 10,000 ounces could now be supported by the resource base.
 
watchlist Created with Sketch. Add EAR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.