EAR 0.00% 32.5¢ echo resources limited

Ann: Trading Halt Request , page-28

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    Regardless of the politics...

    These are very good results and may well provide the kicker thewses sorts of projects need to ensure they get over the line in terms of becoming a mine.

    Selling was consistent all day...so I would not be surprised if a placement was partially sold into the market today...clearly with 20c as their line in the sand.

    Might explain why they needed a suspension whilst they set this in motion.

    If so, not a bad result for all concerned...not all placements are bad!

    Very low cap for what they have...so I suspect this may have a way to go yet.

    Cheers.
 
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