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1.69% 5.8¢ emmerson resources limited

Ann: Mauretania Discovery Exploration Update, page-2

  1. Netsua
    458 Posts.
    lightbulb Created with Sketch. 14
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    21/12/15
    14:41
    Post #: 16659632
    This is the key for me:

    "Emmerson remains well funded with ~$5.7m in available cash, and given the challenging times in the
    junior mining sector has implemented a strategy to generate risk-free cash flow from the previously
    announced Tribute Agreement with Edna Beryl Mines."
    ERM Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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