EAR 0.00% 32.5¢ echo resources limited

Ann: Quarterly Activities and Cashflow Report, page-2

  1. 12,248 Posts.
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    Company working towards debt finance. Nice work. This project should be strongly bankable.
    Still have $11.6m in cash etc.
    I think we are due some more drill results in the short term but this looks like they are moving towards ticking off on production shortly. I expect them they could be mining late this year with nay luck.
    I still think there is zip in the current price for this companies asset upside. The 20km corridor that clearly shows two high grade discoveries will come of age when the drill bit starts in that area. It maybe happening as we speak. DYOR
 
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Currently unlisted public company.

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