I'm not for selling. Yes, you could have made some decent money selling in the $3.90s and buying back at the lows a couple of weeks ago, but that can be a hit or miss decision. I always seem crap at judging those timings.
I fully expect OZ to happen before another processing plant at Memot. It's been the focus to get domestic production up and running for the well known reasons.
Timeline ?, well assuming DFS and ultimate decision to go occurs before the end of this year, then a year to build the plant, commission it, and also time to start forming the open pit and taking off the over-burden, I'd be pretty hopeful that first gold would flow in 2nd quarter of calender year 2026.
EMR Price at posting:
$3.86 Sentiment: None Disclosure: Held
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