EMR 1.52% $4.02 emerald resources nl

News: EMR MACA Says Co Entered Into MoU With Renaissance Minerals (Cambodia), Unit Of Emerald..., page-12

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    but the trading is the result of the Quarterly report, the project update and the announcement of the MOU with Maca.  All good stuff and buyers giving due consideration to it all may see the SP at 4.5c.  They can't be trading on finance news unless they know something we don't and EMR  are well known for being tight lipped.  Doubtfull that finance news is coming in a rush.  They still have $27 miilion to play with.
       So what could we hear about in the near future.?...  Start of work on the some 20ks of new road extension. Progress of the upgrading & resurfacing of the some 50ks of the existing road.  Progress on the power line, however that won't be ready until December. Issuance of a MOU from power line contractor that the power will be on site at end of 2019 is expected soon. These things might not significantly improve the SP, but will serve to keep a floor under it.  What else?...well news of procurement of some of the mill plant maybe.  They really have to keep a flow of information coming, this is a critical year. The SP must be maintained if it is to reach the heights we expect.
 
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