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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Echo Energy Plc | ECHO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.0027 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.0027 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 18/9/2024 08:55 by helpfull I have have read the RNS again.I have changed my post accordingly: That's 8g. There are ~28g in 1oz. At $2,500 per oz for gold that's $714 per day. Or $260,610 a year. Divide by 2 for a 50% interest and that is $130,305 to Echo Energy. Or £100,000. Take off production costs, transportation costs and G&A costs and that leaves very little. For 10t/day, 5 x nothing, is nothing. Echo Energy has a £1,000,000 loan (to be repaid next September) and €10,000,000 of bond debt. A name change won't wipe that out. Mug punters queue here. Be careful. |
Posted at 18/9/2024 07:45 by helpfull 2 tons a day at 4g per ton.That's 8g. There are ~28g in 1oz. At $2,500 per oz for gold that's $714 per day. Or $260,610 a year. Divide by 2 for a 50% interest and that is $130,305 to Echo Energy. Or £100,000. Take off production costs, transportation costs and G&A costs and that leaves very little. For 10t/day, 5 x nothing, is nothing. Echo Energy has a £1,000,000 loan (to be repaid next September) and €10,000,000 of bond debt. A name change won't wipe that out. Mug punters queue here. Be careful. |
Posted at 18/9/2024 06:49 by different world Some in the know were buying yesterday.An excellent RNS this morning, not noticed by many but it's fill yer boots time in ECHO. Steady positive progress being made, and everything valued at just £1m. |
Posted at 16/9/2024 14:16 by gary38 A new ECHO low. |
Posted at 16/9/2024 05:07 by aspect100 I've sold the lot - 200 MLN - lost £900.Could have been worse.How much will they want now. Bought LGEN instead - at least I'll get a dividend. |
Posted at 26/8/2024 13:52 by knackers See what news accompanies this week's AGM. Little of the old Echo Energy remains. Completely new team, direction and operational model. Need to hear the story first, so let's see what Birrell has to say, shall we. |
Posted at 20/8/2024 11:46 by knackers Expect an update on the ops at Tesoro around the time of the AGM. Looking fwd to that!New blood CEO and Chair new ECHO. Time for a name change phaps. |
Posted at 01/8/2024 16:08 by professoraim Echo dnt produce anything the rampers tried the "cln debt paid" will move like ukog rubbish but It hasnt and wnt This will go to placing price |
Posted at 01/8/2024 16:03 by knackers Gold at near record highs, up 25% on last year with inflation falling: GO FIGURE...Miners gonna have folk falling over themselves to lend them funds to expedite projects.What value Tesoro in a few months?Mouth-waterin |
Posted at 31/7/2024 12:30 by knackers Could get extremely nasty for anyone shorting these levels after a fund raise and solid early AU recovery rates from Tesoro. Had entirely discounted ECHO but they seem against all odds to have something here. |
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