EMR 3.52% $3.53 emerald resources nl

Ann: Quarterly Report, page-10

  1. 289 Posts.
    lightbulb Created with Sketch. 25
    EMR only becomes potentially appealing to suitors when they are a domestic gold miner, so I agree with Fyfee.

    I wonder what ever happened to those rumours from months ago that some chinese were interested in buying the Cambodian mine, I didn't see that as a goer to be honest. It would mean that for over a year, EMR would turn into a non-production company, with all outgoings and no incomings whilst they finalised the oz gold drilling and built a processing plant. I don't think the market would like the 12-18 months when EMR transtioned from miner to explorer.

    Interesting, I wonder, once domestic production is well under way, whether being JUST a domestic producer is more appealing to potential suitors than having the Cambodian operation as well. Some might be put off from having an operations overseas in a country that they have zero experience/expertise it. On the other hand the low production costs of Cambodia are appealing.

    I note that there were multiple actioned options today, all of which had a min of another year, and some nearly 2 years left to exercise
 
watchlist Created with Sketch. Add EMR (ASX) to my watchlist
(20min delay)
Last
$3.53
Change
0.120(3.52%)
Mkt cap ! $2.316B
Open High Low Value Volume
$3.45 $3.56 $3.44 $5.236M 1.493M

Buyers (Bids)

No. Vol. Price($)
6 59487 $3.53
 

Sellers (Offers)

Price($) Vol. No.
$3.54 30638 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
EMR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.