It's the gold that will potentially make EMC a great Co. imo.
With Mt Dimer's 48,500 oz resource about to be mined... subject to approvals... as management say's.... "The current AU$ gold price provides a favorable environment to potentially deliver robust returns.".... cash flow.
There are reasonable expectations of good results from the Revere 36,000t sample.... @ 2g/t + AU will be a good result with a positive cash result from the campaign.... @ 5g/t plus .... get ready for lift off...... it's a very exciting prospect and a potential Co. maker imo.
With the low SOI.... the SP will move quickly and anything that's high grade and shallow will multiply the MC .... there are not a lot of shares available with top 20 having 40%. stake.
If you want in.... you're gonna have to pay.
MC of say $180M.... 10 x the current MC does not seem unreasonable.... gold being what it is atm.
All systems are go with EMC atm.... just need good results from the sample.
In a world of uncertainty.... there's a lot to look forward to with EMC.
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $22.17M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.5¢ | $25.65K | 190.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17460 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 235473 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17460 | 0.135 |
4 | 74082 | 0.130 |
2 | 111200 | 0.125 |
4 | 58009 | 0.120 |
2 | 172000 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 235473 | 4 |
0.150 | 4350 | 1 |
0.155 | 58040 | 4 |
0.160 | 20000 | 1 |
0.165 | 100000 | 1 |
Last trade - 13.54pm 03/07/2024 (20 minute delay) ? |
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EMC (ASX) Chart |
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THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
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