ERL 0.00% 0.3¢ empire resources limited

Ann: Financial Results from Penny's Find Open-Pit Operations, page-8

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  1. 240 Posts.
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    You know Bentley you may be right ! But then again you might be very wrong ? It's said "that before you can come up with the answer you should first understand the question". Which in this case might well be "how will the company proceed to effect the underground mining" ? For instance it could do another JV where contractors do the work of extracting and transporting the ore for a piece of the pie for treatment which would be at no cost to the company as done in other mining ventures especially so in this case with all the expertise close handy in Kalgoorlie. But that might not be the case either so we'll just have to wait and see. At this stage it's one of those unknown unknowns again. Have patience for all will be revealed in time. At 81 YO I've been at this game for almost 60 years and can tell you nothing worthwhile happens over night as there's many things to be considered. I well remember RRL shares at 8 cents a few years back, now at $5.00 plus. GLTAIH.
 
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