ERM emmerson resources limited

Ann: White Devil Mineral Resource Grows by 25% to 611Koz, page-8

  1. 1,102 Posts.
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    Positives

    1 Gold on a rip today in Asia $5168 Aussie

    2. Petronas likely a buyer of more than current 7%

    3. 6% Royalty on a GP of $5168 = $310 p/ounce x 60,000 oz p/annum = $18.6m

    4. Nobles in commisioning phase now

    5. Pan African has to be looking at cheapest alternatives / entry to clear Royalty

    6. Royalty Co's already had a sniff last year.

    7 White Devil Resource now stands at 611,000oz (40%)

    8 .Further potential for other au/cu prospects at Tennant Creek

    9. $6 million cash.


    What could go wrong
 
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Last
19.0¢
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Mkt cap ! $120.7M
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19.0¢ 19.0¢ 18.5¢ $97.03K 517.1K

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No. Vol. Price($)
2 71925 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 284605 7
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