EKM 0.00% 36.5¢ eleckra mines limited

latest rcr research report

  1. 67 Posts.
    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.
 
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