It was good to see that in Fat Prophets' report yesterday, they re-iterated their BUY recommendation on ENK.
Their comments included that ENK is flush with cash, including money coming in from DSO revenue.
Also, they highlighted that the BFS should be completed by mid year, with an Acoje resource upgrade also pending.
Mention was made of the exploration gathering pace at Zambales, with some blue sky potential there if we are lucky.
Let's hope things start moving soon. If, like me, you hold ENK from being an RML owner, then no doubt the stock has a long way to run before reaching break-even with the RML investment.
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