EMR 0.86% $3.46 emerald resources nl

Now call me stupid but??????, page-69

  1. 11 Posts.
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    An article from a couple of years ago. In my opinion it’s still relevant. 

    Cambodia has maintained more than two decades of strong economic growth. In 2016, the Southeast Asian country achieved 7-percent growth in GDP, making it one of the fastest-growing nations in the region. That growth is expected to remain strong throughout 2017 alongside falling poverty rates, according to the World Bank.
    In June 2016, the World Bank’s International Development Association made a commitment to provide $130 million in support of four projects, including road improvement and healthcare. The World Bank’s International Finance Corporation is also increasing its support for the further development of Cambodia’s finance, trade and infrastructure sectors, meaning that the country could become more attractive for additional mining and exploration companies in the future.

    If the World Bank is willing to continue to support Cambodia then why won’t other banks also follow. 
    I do not think EMR will have a problem getting the finance when other gold mines are all ready up and running with no problem in the area.

 
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