EMR emerald resources nl

I'm surprised they rate the risk as high. Sprott are giving the...

  1. 2,641 Posts.
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    I'm surprised they rate the risk as high. Sprott are giving the US$100m to emr. So why are they 'risking' their money?

    "Freed of cash flow constraints and flush with a US$100m acquisition facility, we expect great things going forward meaning ‘what next’is unlikely to be an issue given Emerald’s unmatched ability to build-better combined with first-mover advantage in Cambodia."

    Does it mean that emr already have the dough ? It looks like it. They don't actually have to announce it, since we knew it was going to happen. Maybe at the AGM.
 
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$3.71
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$3.71 $3.81 $3.70 $7.884M 2.106M

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