ERM 1.92% 5.1¢ emmerson resources limited

Ann: Results of Meeting, page-5

  1. 1,682 Posts.
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    I don't need the answer, I got it months ago (Jan 2023) - "Our last program at Edna Beryl indicated no further shallow gold that we were hoping to mine as the drive was pushed out for drilling…so disappointing and whilst the deeper potential is still there, it will require a rethink as it means committing to deeper underground development. I suspect we will need to do more drilling and to get a JORC compliant resource ahead of attracting someone to develop it."

    Just interested fi you got an answer - pity you don't want to share with other investors, but given it was bad news not surprising.
 
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