EMR 2.09% $3.74 emerald resources nl

Cannacrod Coverage Initiation

  1. 3,062 Posts.
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    Dear Members,

    I was taking a look at the EMR website and noticed this research report from 8 May.

    http://emeraldresources.com.au/site...erald Resources - Crown Jewel, 8 May 2017.pdf

    The next few months will tell us alot about what the future holds. I would love to see a bit more drilling on these potentially high grade prospects marked out to add a bit of a rocket to the 'potential' story of the company.

    I note Cannacord believe a consolidation will likely take place given the number of shares currently on issue, and that increasing with the debt/equity funding model proposed. One would suppose an 8 for 1.

    GLTAH
 
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