It feels like it’s coming together with production and exploration happening together. The plan is clear. The court cases are beginning to be finalised too. Has a better corporate feel, not that that’s important, but you sense the next 9 months are really important for the years ahead. Litigation finalised; important drilling results and a decent production/costs profile- all looking good!
What about recovery percentage at 80%? Getting that up would be great.
I don’t think they’ll be a dividend until 2024 or maybe 2025 having eliminated more Sprott debt and brought the Dingo Range into production. If they can get Cambodia and WA producing at the same time, its blue sky time with less than 600M shares on issue.
EMR Price at posting:
$1.09 Sentiment: Buy Disclosure: Held
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