EMR 3.12% $3.73 emerald resources nl

its good, page-15

  1. 2,191 Posts.
    lightbulb Created with Sketch. 94
    Agree it would be nice to see, but the way I read this, they will just wait for the CT unit, and either clean out (and presumably deepen) the well, or do a sidetrack. I think that appears to be the only remianing decision.

    What we need to see is some marketing by EMR, as I believe this company is not on anyone's radar at all. Time to tell our mates to buy anyway as there's little doubt about a rise based on both SB drilling, and more importantly now, the US gas field deal. I'm not convinced they will be desperate for the oppies if they can get funding for the gasfield work. That funding deal should see the shares take off, and if that occurs after oppies expire, then they can raise funds at higher prices; good for shareholders, bad for current option holders.

    But who knows, with enough marketing, and any more good news, the oppies may make it, but I am not personnally counting on those.

 
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