EMR 1.98% $3.96 emerald resources nl

This is fantastic info beanpea but the underlying stagnation in...

  1. 528 Posts.
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    This is fantastic info beanpea but the underlying stagnation in the SP is still no doubt related to the location of the project in the eyes of many "potential investors" it would seem. And, the other issue for people sitting on the fence as chingy points out is the number of shares on issue. How they go about a consolidation is anyones guess but mine would be that it won't happen until after they start production. As you have said before, currently this company produces and sells nothing but in time that will change.

    Near term I think we might have to endure "same same" as to where the SP sits. I can't help but notice that there seems to be not so much a roadblock but a speedhump from 4.3 - 4.5c on the buy side which we just seem to continually bottom out on and have to back off from. Whether that is a deliberate obsatacle or not I don't know?
 
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