EMR 1.46% $3.38 emerald resources nl

its good, page-22

  1. 2,186 Posts.
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    Agreed BG, we really need numbers to understand this, and clearly EMR have theese, and are presenting them to funders. But based on the large amount of competition for good opportunities, and the fact that there are plenty of cashed up small producing companies in Nth America, I think we can assume that the profit per well won't be very large, but simply the number of wells and areal extent make it likely that it is very material for a company of EMR's size.
 
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