They have done a lot this year:
Drilling expected to commence later this month at Currawalla which includes Tara
where they recently found up to 3.38% TREO Grades,
(which is High Grade)
Magnetic Survey at Currawalla, which covers Tara, (where they found the 3.38% TREO)
The Company applied for a new exploration licence "Black Range" expanding Tara.
Approval of "Black Range" EL9565 which expands Tara 100%+
Copper MRE at Home of Bullion Increasing to 89 900 tonnes ($1.12 Billion worth)
Browns Reef Gravity Survey which Provides New Drill Targets,
Diamond drilling program of four holes designed for the Evergreen zone at Browns Reef "which, if the results are as anticipated,
should lead to the calculation and release of a Mineral Resource Estimate."
And More....
This is a lot to have achieved in just 6 months,
Far more than most others in the space have,
And/ or get done in that timeframe.
Also last quarterly it had around $1.45 Million Cash.
(28 April 2023 Announcement)
Probably the cheapest Lithium / REE Co. on the ASX,
$2.63 M MC
$1.45 M Cash
$1.18 M EV
Looking forward for Drilling to Commence,
Which they stated is anticipated to begin this month.
And what the future holds for EMS.
EMS is far undervalued compared to Peers,
It already has a Copper Mineral Resource Estimate,
Has already found good REE Grades of up to 3.38% TREO,
And has a very large potential upside....
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- Ann: Contract for Currawalla Drilling Program Has Been Awarded
Ann: Contract for Currawalla Drilling Program Has Been Awarded, page-4
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Price($) | Vol. | No. |
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