EMR emerald resources nl

Stqckhead Like Emerald, page-2

  1. 12,620 Posts.
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    hey Bean.
    Sprott just updated their report.
    Nothing really new in it, though I like the look through to the future when it has a second mine in production as at least 50-100% higher share price.
    I still think they are being very conservative, considering the team running EMR.

    Sprott EMR 1st Nov

    https://hotcopper.com.au/data/attachments/4801/4801766-25039826270261f3002bd3b66df1ab78.jpg

    This still excludes any deal where EMR are able to acquire a production centre in Australia (already in production).
    I continue to feel that this is surely a good time to be using their $100m USD facility, but... perhaps with higher interest rates, it is not as appetising to take on more debt right now?
 
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