EMR 3.32% $3.79 emerald resources nl

Welcome to a new week of excitement for EMR, page-11

  1. 167 Posts.
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    A great D and D presentation if you're an EMR holder and only listen to that one in isolation - but that was the 59th, fifteen minute presentation of 66 over 3 days - so fair play to anybody there who was able to sort the wheat from the chaff.

    Hart mentioned EMR becoming an 1,000 koz per annum. That's a sales pitch, right? In my limited experience 1,000 koz pa would be an incredibly long way off. Euroz Hartleys seem to think 300koz pa (increasing)

    https://hotcopper.com.au/data/attachments/5506/5506986-c9c13f34fc65ed2eef00cf57d03317f7.jpg



    Are EMR a company that targets that sort of production OR are they a company that is really good at identifying bargains, then using their expertise to turn around and/or bring to fruition, then sell and move on.

    Using the property world as an analogy - when they've vastly improved a dilapidated property - do they rent it or sell it?

    The mission statement and corporate overview on the EMR website (imo) lean towards the latter. Sell, realise value, and crystallise cash, then move on.

    Interesting times
    Last edited by Fatoomch: 14/08/23
 
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