Emerald needs to check the dictionary about use of the word "Net' versus 'Gross' ... Entek (EMR's operator in the acreage) claims 55% of the approx 60,000 gross acres as net 33000 acres to Entek.
EMR erroneously (and misleadingly) talks up '60,000 net acres' ... not so!, EMR's net acreage in the GRB is 45% of the 60,000 gross acres ie a net holding of 27,000 acres.
However, quality acreage, and roll on the start on 2011 activity : should be a great 6 months for the GRB!
Ann: EMR Investor Presentation , page-5
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Last
$3.49 |
Change
-0.140(3.86%) |
Mkt cap ! $2.293B | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.66 | $3.49 | $49.57M | 14.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13008 | $3.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 29569 | 3 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| EMR (ASX) Chart |