ERM
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3.33% 6.2¢ emmerson resources limited

Ann: ADN: Rover Project back under Andromeda Metals control, page-2

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  1. BobbyKennedy
    5,669 Posts.
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    04/10/17
    10:43
    Post #: 27645462
    Interesting. We had to spend $500k before exiting so it sounds like we've just coughed up the cash rather than spend time and resources drilling the resource.

    I'd like to know why though. My guess is that we're preserving cash for a more prospective play (i.e. Kadungle) but some info from ERM on this would be great.
    ERM Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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6.2¢ 		Change
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