EMS 10.0% 3.3¢ eastern metals limited

Ann: Contract for Currawalla Drilling Program Has Been Awarded, page-3

  1. 996 Posts.
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    Good to see EMS taking active participation on this forum $.
    Good to see that the drill is not dependent on the CR.
    Maybe you might give us some details on how many holes and depth etc
    I think the last thing I read the drill plan was small. Given the budget how much can they achieve?
    l have had a couple of emails to encourage participation in the CR. Still unsure.
    $1.4m will not last long, given fa in the bank, admin spend $200k per quarter and assays will take forever.
    Also they have no plans for development of the other assets.
    Seems a bit of a Hail Mary.
    Samples and unqualified assays help the pump but don’t have a long term solution.
    I understand that my posts appear negative but I am not convinced of the past performance of management and the future plans.
    I have a significant holding (which is not liquid) and I get no pleasure from the post as I don’t see a solution hence the frustration.
 
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