Be good to understand where the money is going. Gold sales of 27,903 oz at average of $1,918 = USD$53,517,954. Cash and bullion has increased by just 19M in that period. Hopefully a large chunk of the other USD35M will have gone to paying off the Sprott Loan and the additional costs associated with extra interest due to the differential in gold price above USD $1,110.
Appreciate that Sprott had EMR over a barrel and the cost has been high - but on the plus side, it's allowed EMR to show a decent profit and build up a cash/bullion holding such that they will be in a far stronger position to negotiate terms in the future - should that even be necessary.
GLA
Be good to understand where the money is going. Gold sales of...
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Last
$3.81 |
Change
0.040(1.06%) |
Mkt cap ! $2.494B | |||
| Open | High | Low | Value | Volume |
| $3.70 | $3.81 | $3.70 | $4.595M | 1.215M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10485 | $3.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.81 | 18183 | 4 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$3.81 |
Change
0.040 ( 1.21 %) |
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| Open | High | Low | Volume | ||
| $3.73 | $3.81 | $3.73 | 418204 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| EMR (ASX) Chart |