EMR 1.64% $4.20 emerald resources nl

small oil and gas play

  1. 206 Posts.
    anyone with a good knowledge of this one.
    seem to have a market cap of only $6.5million.
    $3.6 million in cash and already have producing wells.
    expecting 8 producing wells by mid year.
    very experienced new ceo and chart looks to be about to break upwards after a long downtrend with limited sellers around it seems.
    am i missing anything as they seem undervalued in my opinion

    opinions anyone ?
 
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