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Echo Resources Ltd.

www: echoresources.com.au   email: admin@echoresources.com.au
Category: Junior: Late Stage Developer
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Symbol Data

Symbol Currency
ASX:EAR AUD

Description

Echo Resources Ltd. are a gold focused junior, late stage development company with one exploration property in Australia. They have approximately 1.7Moz. of gold in the reserves and resources category of which 1Moz. are in the measured and indicated category. They have a market capitalisation of ~A$163.85M which is a rise of roughly 325% over the last fifteen months. As of 10/21/2018 they have no debt and ~A$11.66M cash. They have 707M shares outstanding and trade on the Australian Stock Exchange.

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General Details

Financial 10/21/2018
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $38.57M $163.85M 09/25/2019 $125.28M
Total Assets: $8.99M $15.09M 09/25/2019 $6.10M
Total Liabilities: $2.02M $1.37M 09/25/2019 $-0.65M
Current Assets: $5.99M $12.35M 09/25/2019 $6.36M
Current Liabilities: $1.87M $1.37M 09/25/2019 $-0.50M
Total Debt: $0.00M $0.00M 10/21/2018 $0.00M
Cash: $5.24M $11.66M 09/25/2019 $6.42M
Enterprise Value: $33.33M $152.18M 10/28/1974 $118.86M
Cash Flow: $0.00M $0.00M never $0.00M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:
n/a n/a never 0.00
Finance within 1 year: 10/21/2018 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 10/21/2018 0.00%
Misc 10/21/2018
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 419,000,000 706,844,000 09/25/2019 287,844,000
Shares (FD): 429,000,000 734,844,000 09/25/2019 305,844,000
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 01/01/2020 10/21/2018 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
0
10/21/2018 0
Production (Silver Eq Oz.): (guess) 
0
(guess) 
0
10/21/2018 0
Initial CapEx (Outstanding): $32.00M
82.97% of Mkt.Cap
$32.00M
19.53% of Mkt.Cap
10/21/2018 $0.00M
Funding Option: n/a n/a 10/21/2018 n/a
Documentation: none FS 09/25/2019 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 10/21/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: 0.80M 0.80M 10/21/2018 0.00M
Measured & Indicated: 1.00M 1.00M 10/21/2018 0.00M
Inferred: 0.70M 0.70M 10/21/2018 0.00M
Reserves & Resources: 1.70M 1.70M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: 0.72M 0.72M 10/21/2018 0.00M
Measured & Indicated: 0.86M 0.86M 10/21/2018 0.00M
Inferred: 0.32M 0.32M 10/21/2018 0.00M
Reserves & Resources: 1.18M 1.18M never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 10/21/2018 $0.00
Extra Operating Cost: n/a n/a 10/21/2018 $0.00
Average Grade: 2.00 g/t 2.00 g/t 10/21/2018 n/a
Recovery Rate: (CG)  90.00% (CG)  90.00% 09/25/2019 0.00%
F
U
T
U
R
E
Proven & Probable: 1.00M 1.00M 10/21/2018 0.00M
Annual Production: 75,000oz. 75,000oz. 10/21/2018 0oz.
Cash Cost: $800 $800 10/21/2018 $0
Extra Operating Cost: $400 $400 10/21/2018 $0
SILVER 10/21/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 10/21/2018 0.00M
Measured & Indicated: n/a n/a 10/21/2018 0.00M
Inferred: n/a n/a 10/21/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 10/21/2018 0.00M
Measured & Indicated: n/a n/a 10/21/2018 0.00M
Inferred: n/a n/a 10/21/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 10/21/2018 $0.00
Extra Operating Cost: n/a n/a 10/21/2018 $0.00
Average Grade: n/a n/a 10/21/2018 n/a
Recovery Rate: n/a n/a 10/21/2018 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 10/21/2018 0.00M
Annual Production: n/a n/a 10/21/2018 n/a
Cash Cost: n/a n/a 10/21/2018 n/a
Extra Operating Cost: n/a n/a 10/21/2018 n/a

Property

Last Analysis Data  (10/21/2018)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Western Australia, Australia Yandal 100% (guess) 160,000 Both show
Early exploration

Large property with several deposits.

About 1.5 million oz discovered at 2 gpt.
Total Land Package Size (ha): 160,000  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Western Australia, Australia Yandal 100% (guess) 160,000 Both show
Early exploration

Large property with several deposits.

About 1.5 million oz discovered at 2 gpt.
Total Land Package Size (ha): 160,000  

Profitability (by resource)

Proven &
Probable
10/21/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 0.80M 0.80M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 3.09M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.72M 0.72M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 2.78M
Maximum Profit (Gold): $13.36M $181.74M n/a $168.39M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $13.36M $181.74M n/a $168.39M
Max Profit / Current MCap: 0.346 1.109 n/a 0.763
Max Profit Per Share (Gold): $0.03 $0.25 n/a $0.22
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.03 $0.25 n/a $0.22
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $53.57 $227.56 n/a $173.99
FD Mkt. Cap / Silver Eq.: $0.64 $2.59 n/a $1.95
FD Mkt. Cap / Per Metal
as % Spot Price:
4.37% 14.58% n/a 10.21%
Measured &
Indicated
10/21/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.00M 1.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 3.86M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.86M 0.86M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 3.34M
Maximum Profit (Gold): $16.03M $218.09M n/a $202.06M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $16.03M $218.09M n/a $202.06M
Max Profit / Current MCap: 0.416 1.331 n/a 0.916
Max Profit Per Share (Gold): $0.04 $0.30 n/a $0.26
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.04 $0.30 n/a $0.26
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $44.64 $189.64 n/a $144.99
FD Mkt. Cap / Silver Eq.: $0.53 $2.16 n/a $1.63
FD Mkt. Cap / Per Metal
as % Spot Price:
3.64% 12.15% n/a 8.51%

Reserves &
Resources
10/21/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.70M 1.70M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 6.57M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.18M 1.18M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 4.56M
Maximum Profit (Gold): $21.87M $297.60M n/a $275.73M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $21.87M $297.60M n/a $275.73M
Max Profit / Current MCap: 0.567 1.816 n/a 1.249
Max Profit Per Share (Gold): $0.05 $0.40 n/a $0.35
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.05 $0.40 n/a $0.35
Total Free Profit Per Share: $0.00 $0.08 n/a $0.08
FD Mkt. Cap / Gold Eq.: $32.71 $138.97 n/a $106.26
FD Mkt. Cap / Silver Eq.: $0.39 $1.58 n/a $1.19
FD Mkt. Cap / Per Metal
as % Spot Price:
2.67% 8.90% n/a 6.24%

Future Valuation (Cash Flow & Totals)

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