ERM
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1.89% 5.4¢ emmerson resources limited

"I hope ERM owns this one:"The reason I say this is because I...

  1. stelios
    925 Posts.
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    17/05/24
    08:37
    Post #: 73869878
    "I hope ERM owns this one:"
    The reason I say this is because I expect ERM to go it alone once they see to huge profits TCMG will be making.
    Based on a 2.5 Cutoff Grade, 3.2g/t production cost, calculate profit for TCMG would be cAu $277.8 million,
    while ERM will receive 6,518 oz of Gold (Au $ 23.3 Million)

    https://hotcopper.com.au/data/attachments/6176/6176690-cbad9ec06831463ea5d129602726adfe.jpg

    Last edited by stelios: 17/05/24
    ERM Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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