It's the gold that will potentially make EMC a great Co. imo.
With Mt Dimer's 48,500 oz resource about to be mined... subject to approvals... as management say's.... "The current AU$ gold price provides a favorable environment to potentially deliver robust returns." .... cash flow.
There are reasonable expectations of good results from the Revere 36,000t sample.... @ 2g/t + AU will be a good result with a positive cash result from the campaign.... @ 5g/t plus .... get ready for lift off. ..... it's a very exciting prospect and a potential Co. maker imo.
With the low SOI.... the SP will move quickly and anything that's high grade and shallow will multiply the MC .... there are not a lot of shares available with top 20 having 40%. stake.
If you want in.... you're gonna have to pay.
MC of say $180M.... 10 x the current MC does not seem unreasonable.... gold being what it is atm.
All systems are go with EMC atm.... just need good results from the sample.
In a world of uncertainty.... there's a lot to look forward to with EMC.
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.71M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 12.0¢ | $55.76K | 459.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 150148 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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12.5¢ | 106146 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 150148 | 0.120 |
1 | 182608 | 0.115 |
5 | 233181 | 0.110 |
7 | 331072 | 0.100 |
1 | 15957 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 106146 | 1 |
0.130 | 75000 | 2 |
0.135 | 199557 | 3 |
0.140 | 350076 | 4 |
0.150 | 24854 | 3 |
Last trade - 10.29am 20/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
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Change
0.000 ( 4.00 %) |
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Open | High | Low | Volume | ||
12.5¢ | 12.5¢ | 12.0¢ | 177030 | ||
Last updated 10.29am 20/05/2024 ? |
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