EMR 1.31% $3.76 emerald resources nl

Cannacrod Coverage Initiation

  1. 3,131 Posts.
    lightbulb Created with Sketch. 304
    Dear Members,

    I was taking a look at the EMR website and noticed this research report from 8 May.

    http://emeraldresources.com.au/site...erald Resources - Crown Jewel, 8 May 2017.pdf

    The next few months will tell us alot about what the future holds. I would love to see a bit more drilling on these potentially high grade prospects marked out to add a bit of a rocket to the 'potential' story of the company.

    I note Cannacord believe a consolidation will likely take place given the number of shares currently on issue, and that increasing with the debt/equity funding model proposed. One would suppose an 8 for 1.

    GLTAH
 
watchlist Created with Sketch. Add EMR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.