EMR 6.65% $3.79 emerald resources nl

fridays action, page-16

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    Hopefully they may provide another estimate of reserves after the production test on Lagu#1 in January. That will give a good idea of their concession value at NW Alice.
    As to where the SP is going, well......it can ony go up, but how much and how quick?????
    logging results soon, Monday/Tuesday will convince the hesitant. It will have plenty of gas, and when it is sold, the sp will rise again.
    I'll stick my neck out and guess 10c by May 11, allowing for more news from Beetree and further drilling at Alice.
 
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