EMR 3.55% $3.50 emerald resources nl

Welds, We can speculate about where our prospective sp might end...

  1. 523 Posts.
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    Welds,

    We can speculate about where our prospective sp might end up, and it seems you and i are in the same ball park.

    What time frame have you got pegged for $6?

    Im thinking ,

    Okvau
    Memot ( stand alone operation )
    Bseye

    with those 2 additional operations a cross of self funded, minimal borrowings, no dilution,
    with a production profile of somewhere between 300 to 350 k ozs p/a
    the best cost managers in the game
    aisc from combined ops of $1400 / $1500 aud per oz ( which has a buffer built in )
    gold price of $3000 aud per oz

    Im just speculating but thats whats on the back of my envelope at the moment.

    I acknowledge one of the posters today saying we look fully priced, but i can see why anyone with a slightly longer lense, might be happy to pay $3.30, $3.40 and upwards.

    Good luck all,



 
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