ERM
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1.92% 5.1¢ emmerson resources limited

Ann: Maiden High-Grade Golden Forty Mineral Resource Estimate, page-46

  1. stelios
    913 Posts.
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    12/06/24
    14:12
    Post #: 74279104
    "6% might be good but the person who gets the other 94% probably gets to claim ownership"
    You are obviously downplaying the stock.
    Read my post: 6% Royalty is very good given that it is paid on the gold produced.
    The 94% is not correct because you have to subtract the cost of production.
    In fact, I prefer the TCMG walk away after paying millions for exploration and Evolution may T/O the company.
    ERM Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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