EMC 0.00% 11.0¢ everest metals corporation ltd

Yes it will be a good indication to also see what they have been...

  1. 11,822 Posts.
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    Yes it will be a good indication to also see what they have been up to behind the scenes regarding exploration. Whether or not they have continued the rapid pace of the start of the year since Simon took charge, which included CR/Dimer drilling/Dimer JORC/surface sampling etc.
    IMO we will need another CR by the end of the year to keep advancing all our projects and getting as much drilling and value added as possible. Hopefully, by then the market is very bullish and we are 3 or 4 times our current share price. I can't see too many shareholders having an issue with a CR at those higher levels. However, if we remain at current levels 0.8c or below there will be some big problems. Not many will accept this and sentiment will definitely take a dive.
    Last edited by coto: 08/07/21
 
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