ERL 0.00% 0.3¢ empire resources limited

Mining, page-120

  1. 268 Posts.
    Management keeping pretty tight lipped about cost to mine and forecast net proffit etc. I did some calcs after the last qtrly working on current cash burn and operating expenses etc and was quite surprised. I'd say sarge is saving up a few juicy details and announcement for a huge sp push in comming weeks/months. I think a lot of existing lt will bail at this time and a fresh set of investors will get on board and the cycle will repeat each time at a new higher level. I'd hope we hit 10c + this time round before dwindling slowly back to around 4-5. Before new cr , mine plan and new mining activities commence underground or other areas we have. Imo
 
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