one thing of interest for EXM holders is the re-float of the old Giants Reef (GTM) Tennant Creek interests which lie just west of EXM's Tennements.
The company that now holds those assets is Emmerson Resources and it is due to list in about a week (17th December), one thing of importance is that Emmerson will hold the old GTM gold processing plant which is not that far from all EXM's tennements.
Assuming that EXM does start to hit significant targets a toll treating agreement with Emmerson may lead to some very early production/profits. Much like the significant profits AAR are making currently toll treating their high gold grade ore.
If the market could see EXM as a near term producer it would certainly hasten the re-rating of the stock.
one thing of interest for EXM holders is the re-float of the old...
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Last
$3.31 |
Change
-0.030(0.90%) |
Mkt cap ! $232.5M | |||
| Open | High | Low | Value | Volume |
| $3.34 | $3.38 | $3.30 | $137.6K | 41.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1124 | $3.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.33 | 244 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| DSE (ASX) Chart |