ERM 3.33% 6.2¢ emmerson resources limited

Plenty not to like? Look at how long these ore shoots extend for...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 680 Posts.
    lightbulb Created with Sketch. 6
    Plenty not to like?

    Look at how long these ore shoots extend for - 25m. Why have a major drill program based on such a smallish target - this is high cost and an unnecessary distraction. I can't even see how the zones can be linked

    On a ounce per vertical metre basis these targets aren't interesting and can't be viable even if you had a mill right there.

    Some of the intercepts don't reflect the true width of the mineralised lens - not indicated in the release.

    Sorry I can't get excited about this - just stating the facts.
 
watchlist Created with Sketch. Add ERM (ASX) to my watchlist
(20min delay)
Last
6.2¢
Change
0.002(3.33%)
Mkt cap ! $33.77M
Open High Low Value Volume
6.1¢ 6.2¢ 6.1¢ $60.54K 977.0K

Buyers (Bids)

No. Vol. Price($)
1 40000 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.1¢ 25000 1
View Market Depth
Last trade - 12.57pm 15/11/2024 (20 minute delay) ?
ERM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.