EMR 1.59% $3.83 emerald resources nl

Some sort of announcement was due for the flow testing around...

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    Some sort of announcement was due for the flow testing around the 15th by my estimation.

    Glamour Girl announcement probably due monday the 23rd by my calculations.

    They had $2.7M in the bank at the end of december.
    They probably still have more than $2M in the bank.
    They only had $3.7M after costs to start with.

    In an earlier announcement they said they had enough cash to get them through the 2007 drill season.

    Can only conclude NW Alice is flowing well and more holes will be drilled. You don't need a trading halt if this well is a dud.



 
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