ERM 5.56% 5.7¢ emmerson resources limited

Ann: Trading Halt, page-25

  1. 1,682 Posts.
    lightbulb Created with Sketch. 144
    3 bagger should be the bare minimum given how undervalued the SP is - the announced gold resources value @ 6% is roughly triple the current market value, before you get to the bonus 60,000oz payment for TCMG not processing anything or any value for the 100% owned resources or the yet to be defined JV resources or any possible potential for NSW to be something.

    But the mill needs to be built and the ERM projects need to be mined (as opposed to the solely TCMG projects mentioned in the announcement) so expecting a bit of a slow burn. Hopefully the might actually drill something soon and we can get some momentum.


 
watchlist Created with Sketch. Add ERM (ASX) to my watchlist
(20min delay)
Last
5.7¢
Change
0.003(5.56%)
Mkt cap ! $31.04M
Open High Low Value Volume
5.6¢ 5.7¢ 5.6¢ $4.533K 80.16K

Buyers (Bids)

No. Vol. Price($)
1 187 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 58683 2
View Market Depth
Last trade - 15.40pm 26/07/2024 (20 minute delay) ?
ERM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.