EMR 0.50% $4.04 emerald resources nl

Ann: Noosa Mining Investor Conference Presentation, page-2

  1. 192 Posts.
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    What a great update. WA development could start 2024 - then Memot development 2025.

    Slide 15, showing Dingo Range in amongst many multi million oz mines - and slide 17 showing Boundary-Bungarra drilling prospects gave a warm feeling smile.png And that's only Boundary-Bungarra - it doesn't include Freemans Find and Banjawarn discoveries mentioned back in April

    Cash in the bank currently of US$107.5M and quarterly profits from Okvau conservatively at around US$43M (28k ozs, Gold Price US$2,350 , AISC at US$800 per oz). Subtract Cambodian annual tax (USD$32M last year) - and loan plus additional fee on ozs mined for Sprott - both mines could well end up being self funded.

    GLA
 
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