Yes, for me it's Location, the fact they adjoin Extension Hill and their grades should be higher.
Also 2 top holders average is much higher than current sp and I believe theres already been some discussions with their next door neighbor
EMG hit $1 (MC $50m) and an all time high 3 months ago and has gone backward ever since. So either theres something wrong or just an overhang from their placement
Also note that if you take in to account EMGs options and unlisted securities, they have about 85m shares.
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