EMR 1.98% $3.96 emerald resources nl

Sprott Report, page-25

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    Fatoomch said

    End of Jan Sprott report -Emerald has completed 25,277m / 255 collars of the 98,000m

    April reportto date38,890m of the total 98,000m resource definition has been completed, with1,500m of assays pending


    That’s 8,600m completed in 3 months, with a backlog of 1,500m still to be analysed – plus 64,110 still to be started.


    Actually they've done 13.6KM (38890-25277) with 59K still to be started, They also said that a 2nd drill rig was coming on site this quarter. We also don't know if drilling was intensive in those 3 months, but I agree that the timeline doesn't look doable based on known figures.
 
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