The Company has curtailed exploration activities as it evaluates the results achieved to date and undertakes a series of development focused studies. In addition, the underground refurbishment activities commenced in 2022 have now been completed. Consequently, it is anticipated that the Company’s future expenditures will be materially reduced from prior quarters. Furthermore, future exploration activity is largely discretionary and further exploration programs will be dependent on available cash.
EM2 Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
