ERM
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1.89% 5.4¢ emmerson resources limited

I read somewhere that EVN are looking to acquisition...

  1. Dunvegan
    13 Posts.
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    12/09/16
    09:41
    Post #: 19087548
    I read somewhere that EVN are looking to acquisition opportunities etc a little while ago and they just too a stake in Glencore was it (can't remember)

    If ERM have such prospects/ good high grade deposits etc.. the only mill in the area/ EVN already funding them. Why wouldn't EVN lock up the resource/ company before the price appreciates.

    I guess i am a little wary that a company so close to ERM's operations are not taking the opportunity to take them over. There must be some serious risks/ unknowns, something i am missing?

    Thoughts anyone?
    ERM Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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