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17:51
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Originally posted by JimmyRabbit:
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Just reminscing about all the great times being a long term ERM holder and remembered this from the 31st of May 2018, almost 5 years ago to the day;Proposed 300,000tpa facility to be the hub for feed from Emmerson’s 100% owned small mines which have priority over other third party feed" according to the announcement "First gold production is projected to occur in late 2018 – contingent on receiving the necessary regulatory approvals" and the main mine that was going to feed this mill was none other than "Edna Beryl which is now in production via a Tribute Agreement with specialist small miner, the Edna Beryl Mining Company. This mine is producing at grades in excess of 30-40g/t gold." Also of note was that "Black Snake Mine granted approval by Northern Territory government – Emmerson’s second small mining operation after Edna Beryl"
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Processing plant been promised for so long now, I'm surprised the shareholders are not holding management to account for their failure to deliver and demand an explanation.
