EM2 0.00% 6.0¢ eagle mountain mining limited

Ann: Mineral Resource Estimate Increased to 28Mt @ 1.35% Copper, page-46

  1. 415 Posts.
    lightbulb Created with Sketch. 688
    Appreciate that this company recently raised capital at 6 cents but now with short term funding out of the way, I expect a nice little re-rate to be coming soon. With copper prices over $4.00 a pound, I can’t see how this company’s share price shouldn’t start to trend upward in the near distant future. I think a few investors from the recent raise have been selling off as of late due to only wanting to hold the options and not the heads/options but that is good for a long term holder like me, happy to pick up shares at 5.4 cents yesterday. I’ve always said this is a nice little bolt on acquisition for other producers in the neighbourhood (plenty of copper and good infrastructure) as a back up plan so downside here in my opinion is quite well protected. With Charlie Bass at the helm anything is possible, he controls this company’s destiny and I am happy being a long for the ride especially at this share price level. Cheers, CP.
 
watchlist Created with Sketch. Add EM2 (ASX) to my watchlist
(20min delay)
Last
6.0¢
Change
0.000(0.00%)
Mkt cap ! $23.57M
Open High Low Value Volume
5.9¢ 6.0¢ 5.6¢ $48.85K 852.3K

Buyers (Bids)

No. Vol. Price($)
3 154138 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 149210 3
View Market Depth
Last trade - 16.10pm 07/06/2024 (20 minute delay) ?
Last
5.8¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
5.9¢ 6.0¢ 5.7¢ 384252
Last updated 15.31pm 07/06/2024 ?
EM2 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.