EMR 6.02% $4.05 emerald resources nl

Hey Wullieb, I would like to ask if the management mentioned...

  1. 1,708 Posts.
    lightbulb Created with Sketch. 390
    Hey Wullieb, I would like to ask if the management mentioned anything specifically about the financing.

    I know Sprott promised $60Million plus $100Million for development and acquisition.

    I am just not sure if the $100M was at that time aimed at acquiring CMM? and other projects? Not really for the development.

    Thus, one question i have in mind is that we may receive the $60Million for development and Sprott may ask to issue shares. Basically a capital raising of around $40million. So the total of $100M could cover the development.

    Sprott do have customers and they do have often close deals with companies so their customers can participate.

    What is your thoughts about that?
 
watchlist Created with Sketch. Add EMR (ASX) to my watchlist
(20min delay)
Last
$4.05
Change
0.230(6.02%)
Mkt cap ! $2.657B
Open High Low Value Volume
$3.86 $4.09 $3.86 $7.918M 1.969M

Buyers (Bids)

No. Vol. Price($)
1 9199 $4.04
 

Sellers (Offers)

Price($) Vol. No.
$4.05 150902 2
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
EMR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.