It makes sense beanpea, because at the moment EMR can earn up to 85% in the Cambodian project owned by Santana, by paying Santana $1.5m and funding a completed DFS, which Santana is free carried for.
At present, EMR have not earned any percentage in the project, so perhaps they've renegotiated with Santana, and instead of continuing with the JV and gradually earning ownership, they've proposed to simply buy the project outright, now that EMR have the ready cash from producing gold sales.
I wouldn't be surprised, and it would seem to be an reasonable move.
Gw
- Forums
- ASX - By Stock
- EMR
- Ann: Trading Halt
Ann: Trading Halt, page-22
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EMR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.36 |
Change
-0.100(2.89%) |
Mkt cap ! $2.204B |
Open | High | Low | Value | Volume |
$3.45 | $3.45 | $3.34 | $6.844M | 2.028M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 29143 | $3.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.38 | 40428 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12669 | 3.350 |
3 | 14685 | 3.340 |
5 | 36802 | 3.330 |
2 | 9822 | 3.320 |
4 | 10276 | 3.310 |
Price($) | Vol. | No. |
---|---|---|
3.380 | 36802 | 5 |
3.390 | 9822 | 2 |
3.400 | 15822 | 3 |
3.410 | 1662 | 1 |
3.420 | 1662 | 1 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
Featured News
EMR (ASX) Chart |