hey Bean.
Sprott just updated their report.
Nothing really new in it, though I like the look through to the future when it has a second mine in production as at least 50-100% higher share price.
I still think they are being very conservative, considering the team running EMR.
Sprott EMR 1st Nov
This still excludes any deal where EMR are able to acquire a production centre in Australia (already in production).
I continue to feel that this is surely a good time to be using their $100m USD facility, but... perhaps with higher interest rates, it is not as appetising to take on more debt right now?
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