EKM eleckra mines limited
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http://eleckramines.com.au/reports/EKM_4Q092.pdfsummary: more or...

  1. gallaghmc
    67 Posts.
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    18/12/09
    11:14
    Post #: 6060707
    http://eleckramines.com.au/reports/EKM_4Q092.pdf

    summary:

    more or less what has been highlighted here before: price target AUD0.17-0.23, with upper end expected within 6 months. Now well funded after the recent AUD2.36mm placement. Aggressive drilling should push the resource size towards 1moz, at a grade well above the 1.7g/t current resource grade. According to RCR, this will dramatically increase the perceived value and economic viability of EKMs ground.
    EKM Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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