EMR 0.76% $4.00 emerald resources nl

Sprott Talking Today 14th., page-12

  1. 211 Posts.
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    Appreciate you taking the time Sherlock - my first dabble in the gold mining sector so learning fast.

    Less running to stand still, more
    running up a mountain of debt, but have now hit the top and break even where cash/gold is roughly equal to that debt - and going forward, the gap between cash/gold and debt will widen each quarter, with debt at zero by March 2025.

    My angle was WA not as profitable as Cambodia and expensive to build a processing plant - your take was that Cambodia underpins WA. Fair point - glasses half full/empty.

    Every day's a school day - I'm a bit older, a bit wiser, and definitely happier with my holding in EMR

 
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