It's the gold that will potentially make EMC a great Co. imo.
With Mt Dimer's 48,500 oz resource about to be mined... subject to approvals... as management say's.... "The current AU$ gold price provides a favorable environment to potentially deliver robust returns.".... cash flow.
There are reasonable expectations of good results from the Revere 36,000t sample.... @ 2g/t + AU will be a good result with a positive cash result from the campaign.... @ 5g/t plus .... get ready for lift off...... it's a very exciting prospect and a potential Co. maker imo.
With the low SOI.... the SP will move quickly and anything that's high grade and shallow will multiply the MC .... there are not a lot of shares available with top 20 having 40%. stake.
If you want in.... you're gonna have to pay.
MC of say $180M.... 10 x the current MC does not seem unreasonable.... gold being what it is atm.
All systems are go with EMC atm.... just need good results from the sample.
In a world of uncertainty.... there's a lot to look forward to with EMC.
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $22.99M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.5¢ | $21.52K | 159.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 128032 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 30613 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 128032 | 0.130 |
2 | 111200 | 0.125 |
4 | 58009 | 0.120 |
3 | 175000 | 0.115 |
2 | 24508 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 30613 | 2 |
0.140 | 235473 | 4 |
0.150 | 214350 | 2 |
0.155 | 58040 | 4 |
0.160 | 20000 | 1 |
Last trade - 11.45am 03/07/2024 (20 minute delay) ? |
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EMC (ASX) Chart |
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TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
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