Ann: Strong Results from Channel Samples include 15m at 4% Copper, page-7

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McKhenry

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18/09/23

09:35

Post #: 69895491
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Originally posted by BobbyKennedy: ↑

That depends if this section included these grades in the previous MRE. That are fantastic grades so if this section was modelled as lower grade then yes this will have a positive impact on the MRE. Is it enough to halt the selling, I doubt it.

On that note, I spoke with an associate last night that believes Ausbil is still in the process of liquidating their position in EM2. They dipped below 5% a few months ago which leaves them with ~15M as of July. There’s been a bit of volume through since then so I guess they’re still selling. In a way, it’s reassuring that it’s just one major holder looking to exit for reasons unknown. Perhaps that’s why Tim hasn’t dipped his hand not his pocket yet.

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It would be great to have a new ore body woth these grades, but seems like thay have picked the eyes out of it.

Starting to regret not leaving the building sooner with this one, hard to see what will catalyse into value from here without $$$ in the bank.

EM2 Price at posting: 8.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $7.945M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$700	100K

Buyers (Bids)

No.	Vol.	Price($)
3	2577251	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	293561	3

View Market Depth

No.	Vol.	Price($)
3	2577251	0.006
17	6748501	0.005
18	10426653	0.004
3	3283664	0.003
2	1800000	0.002

Price($)	Vol.	No.
0.007	293561	3
0.008	536444	3
0.009	779167	2
0.010	863101	5
0.011	3879096	5

Last trade - 10.07am 22/07/2025 (20 minute delay)

EM2 (ASX) Chart

Ann: Strong Results from Channel Samples include 15m at 4% Copper, page-7

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Ann: Strong Results from Channel Samples include 15m at 4% Copper, page-7

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