EMR 2.86% $3.96 emerald resources nl

thoughts, page-11

  1. 2,641 Posts.
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    ....And so, fund raising might not necessarily be in the form of scrip. It's up to them to get the money, and with Ochre being a merchant bank they will inject capital direct. They are now part and parcel of Emerald in the Green River Basin. As you say semillon they are seriously big, and would not have joinned the venture unless sure of the outcome, and their ability to fund the capital.
    The feared dillution of shares probably won't happen.
    So get on to your brokers and start buying again!
 
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