EM2
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3.39% 5.7¢ eagle mountain mining limited

Ann: Mineral Resource Estimate Increased to 28Mt @ 1.35% Copper, page-7

  1. Danimaux
    505 Posts.
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    21/11/23
    09:41
    Post #: 71011537
    USD $3.17B of copper
    USD $234M of silver
    USD $280M of gold

    USD $3.684 Billion of M+I+I metal in the ground. That's AUD $5.616 Billion, almost a deposit on a Sydney three bedroom house.

    Starting to make sense to pay the $800M-ish for a processing plant.

    Would be nice to see the options: Farm-out, borrow, issue, sell the kids, rob a very very large bank, start a crypto scam or sell meth.

    Cap raise in 3, 2, 1........



    EM2 Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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