why share price fell, page-3

I pretty much agree with JT on share price retrace.

Regarding the splitting of base metals projects, I think we risk getting way, way ahead of ourselves here.

Re: Fe we have an excellent magnetite resource, a potential DSO resource, and ongoing aggressive drilling campaigns & metallurgical testing under-way. This resource has undeniable value which will (hopefully) be unlocked as we once again find a path towards development.

Re: Base metals, we have nothing. Yes we have some "prospective" lease holdings but every ASX wannabe has highly prospective lease holdings and until we prove (i.e. with a drill) that we have a resource, this is not even worth discussing IMHO.

Whilst I do believe we need a strategic drilling program to probe our base metals potential, I am mindful that Fe exploration is what EMG does well and this should remain our short term focus.

.