EMR 1.48% $3.43 emerald resources nl

emr highest leverage in valentine stokesbay

  1. 223 Posts.
    Straight from EMR ASX Announcement today;

    "Emerald has the HIGHEST LEVERAGE to a successful outcome from these two prospects "

    ".... with only 62.35 million shares and 35.63 million listed options on issue. Emerald estimates that a discovery could add several million barrels of oil equivalent resources, net to Emerald."

    Furthmore:

    "A discovery at the Valentine or Stokes Bay prospects will greatly enhance the value of Emerald's 100% - owned permit application block EPA 4/05-06 located immediately west of EP104"
 
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