Speckman ,, I believe the CEO has identified very clearly the logic behind the NT mill issue with his latest public Q&A release..
'clear path to cash' .. monetising small mines in the area..
Medium term,, this is looking excellent,,,
excuse the pdf copy,,
Rob Bills: It is envisaged that this will be a modular mill that has the capability to toll and batch treat gold ores. There is also the potential for copper down the track.
For Emmerson (and shareholders) this is great news in that it will lower the cost of development and production from our small mines and provide a clear path to cash.
This distinguishes Emmerson from your typical junior explorer.
Other secondary benefits include an ability to drill from underground during the development phase of our small mines - thus reducing drill costs and increasing the probability of a small mine turning into a large mine.
ERM Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held
