EMR 2.38% $3.69 emerald resources nl

Ann: Major Expansion of Holdings Around 1.1Moz Okvau Gold Project, page-32

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    (Quote)
    "Heavy travel restrictions were also imposed between (Cambodian) provinces earlier in the week which added a sense of urgency for the flight, with Australians living in the countryside told to make a speedy trip to the capital to avoid being locked out of the airport."

    The country (Cambodia), a staunch ally of Beijing, received billions of dollars in soft loans and investment from China, and Hun Sen travelled there earlier this month in a show of solidarity.

    I expect that EMR management will probably make a statement at some stage, possibly this week, on how the heavy travel restrictions between Cambodian provinces, due to COVID-19 and the state of emergency, might affect the timelines for the building of the gold mine and the estimate date for first production.

    It would seem to be a reasonable and responsible thing for EMR to do, to keep shareholders informed.

    https://www.sbs.com.au/news/almost-...in-sydney-after-being-locked-down-in-cambodia

    Gw
 
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