ERM
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0.00% 5.5¢ emmerson resources limited

damn, i bought too few pre the halt., page-15

  1. ddzx
    37,911 Posts.
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    19/01/12
    13:07
    Post #: 9571176
    maybe 150m x 300m x 15m x 3.5% average in that pod (at best) = 60kt of copper metal

    how of it do ERM own? 50% with IVA?

    30kt of copper is probably worth $30m to the market cap as an explorer to be taken over if good enough for takeover

    current market cap is $50m after cash & options

    ERM Price at posting: 21.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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0.000(0.00%) 		Mkt cap ! $29.95M
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5.3¢ 5.5¢ 5.3¢ $39.95K 739.2K

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