EME 15.4% 10.5¢ energy metals ltd

Ann: Initial Resource Estimate of Manyingee East Project, page-7

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  1. 8,920 Posts.
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    Yes they have 20M and if you look at the latest cash flow report it is going down by about 1M every 9 months. They have not had receipts from customers in the last 9 months but receive good interest on their money. Where did they ship from? I guess they stopped because of the low POU. They will need a lot more for capital expenditure if they bring a new deposit into production or decide buy other companies or assets. I agree Ardy, this is an excellent one for the long term.
    Last edited by rvajna: 20/01/17
 
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