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3.70% 5.6¢ emmerson resources limited

Ann: Maiden High-Grade Golden Forty Mineral Resource Estimate, page-3

  1. JimmyRabbit
    1,682 Posts.
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    06/05/24
    10:04
    Post #: 73679280
    Call it $20m here, plus the say $12m from Charito, Blake Snake etc plus probably $12m for nothing for TCMG not getting anything processed before the end of the JV period (min $44m) and it looks very good against a Market cap of $25m (without counting anything from the 100% owned fields) even if it does take a few years to achieve - the issue is that until we have a mill to process the ore so one believes it is ever coming out of the ground.
    ERM Price at posting: 4.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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