Well I see nobody's answered my question about what is going to make the share price increase between now and July when we have to come up with Indee payoff. The only thing I can see with a reasonable chance is the upcoming PFS which is due "early in the March quarter". Mgmt didn't issue the PFS for just the open pit resources as planned. I don't know, but it looks like the numbers didn't line up for mgmt's target of 7year of 100,000 ounce production. Just a guess as mgmt hasn't issued any info on it other than to say it has been delayed to incorporate underground resources. Hopefully the underground resources will push it up to mgmt's goal. We've had no real news since mid November. Maybe good news on drilling results are coming to support golden emu's forecast of 20 cents by the end of the month. The drilling results will have to be pretty good to increase the share price 74%. Hope that happens.
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- Ann: Quarterly Activities Report - December 2018
Ann: Quarterly Activities Report - December 2018, page-36
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3 | 164295 | 0.096 |
4 | 79115 | 0.095 |
2 | 55000 | 0.093 |
1 | 100000 | 0.092 |
Price($) | Vol. | No. |
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0.100 | 100000 | 1 |
0.105 | 420062 | 7 |
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