EMR 0.76% $3.99 emerald resources nl

Ann: Application for quotation of securities - EMR, page-14

  1. 9,048 Posts.
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    9m shares issued yesterday to BE holders and a third of those (or close) been cleaned up today. This stock is very well supported.

    Okvau is printing cash at this price and even more so if gold goes higher. Hopefully exploration in Cambodia adds to LOM as we put some dollars back into the ground.

    Bullseye has had a torrid history and we can see how much of a shitshow Xinhe has been plus the starvation of capital. The resources delineated there to date has to be some of the best OP grades and there is a stack of drilling not included in MRE yet. They have a district scale landholding. Personally I can see it being a 3-5Moz play when we get our world class team going hard at it. It will probably end up being our flagship asset and will be our div payer.
 
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$3.99
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