When the deal goes through..not 'if'... not only do emr get nfe's production immediately, the drilling season with ete starts in May with new drills right away. This is a quantum leap in Emeralds history. Instant gratification, so different from emr's consistant 1 well at a time failures. If the markets giving it around 4c now, we could see double in Q2. The deal with Pelagic/Ochre has more to it than just the NFE and GRB acquisition. In return for their new emr shares they open the door to many more new opportunities. They are Emeralds finance and business partner in the USA. So the share dilution carries much more weight then meets the eye.
consider, page-7
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Last
$3.38 |
Change
-0.230(6.37%) |
Mkt cap ! $2.217B | |||
| Open | High | Low | Value | Volume |
| $3.54 | $3.59 | $3.37 | $12.04M | 3.512M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5724 | $3.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.40 | 7738 | 3 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| EMR (ASX) Chart |