ERM 4.35% 4.8¢ emmerson resources limited

Ann: Quarterly Activities Report-ERM.AX, page-5

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  1. 7,557 Posts.
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    We're not producing the gold. We receive 'tribute' (similar to royalties) from the small mining company actually doing the digging in what's considered a non-core asset. It will be bugger all IMO so nothing major to get excited about. If anything it might mean we make enough to cover corporate overheads so we're not burning cash. But highly unlikely the market will celebrate our earnings.
 
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