EMR 0.52% $3.83 emerald resources nl

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

  1. 11,943 Posts.
    lightbulb Created with Sketch. 6635
    Reads really well to me, especially when you factor in the rain and ball mill issue.
    AISC continues to be industry leading, particularly considering if smaller production profile. Only CMM seems to be able to beat EMR.
    Net debt decreased by over $20m AUD.
    Stockpile of 771kt at 1.7g/t is amazing, when you factor in they have a further 1.53mt at 0.6g/t. That is basically 1 full year of ore ready in case of any issues, or.. to be used at the end of mines life (very profitably).
    Exploration slowly gaining traction in Cambodia, which is slow burning sort of fuss.... with the right results, the plant is going to fed for many many years to come.
 
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