EMR 3.86% $3.49 emerald resources nl

Ann: First Ore Feed and Wet Commissioning Commenced at Okvau, page-17

  1. 5,173 Posts.
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    Excellent news, and well done to management in getting this to production, especially in the current COVID global environment.

    This company will make a motza, with an AISC of only about US$750, and with Gold $1,900 per ounce they will be making US$1,150 profit per ounce (AUD$1,490).

    This will quickly become a cash cow and they will be drowning in money.
    What are they going to do with all that free cash?

    Gw
 
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