This is from Proactive investors
Analysis
The first round of assays from Edna Beryl West have unlocked a number of opportunities for Emmerson.
Not only do the high grade assays reflect extensions from previous drilling, they suggest that a much larger system exists in the area of the Edna Beryl mine, which is moving into production this year.
The Emmerson share price is up 35% year to date trading currently at $0.05 per share.
As a near term producer, Emmerson is highly leveraged to the AUD gold price, which is trading at A$1,740 per ounce, near to its 3 year high.
Emmerson continue to be fully funded in their ongoing exploration through their joint venture with Evolution.
With $5.5 million cash plus potential for risk free cash from small mines, Emmerson is highly leveraged to success across all strategic horizons.
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- Ann: High Grade Gold Intersected at Edna Beryl,EVN-ERM.AX
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Last
5.4¢ |
Change
0.001(1.89%) |
Mkt cap ! $29.41M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.0¢ | $20.40K | 389.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19800 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 82620 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19800 | 0.050 |
1 | 60000 | 0.048 |
1 | 30000 | 0.045 |
1 | 23800 | 0.042 |
2 | 234390 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 82620 | 2 |
0.055 | 147851 | 1 |
0.056 | 100000 | 1 |
0.057 | 34800 | 1 |
0.058 | 250000 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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