ERM 3.33% 6.2¢ emmerson resources limited

Revenue

  1. 885 Posts.
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    Just in case anyone is still paying the slightest attention to this thread I thought I would pose this question.


    Given the mill is supposedly going to kick into action in early 2019 and we are told it can process 300,000 tn annually, if we assumed that between all the proposed mines (not least of which are Edna Beryl and Chariot) there is more than enough ore to keep the mill running and assumed that we got just 1oz per tonne and we averaged a 5% return (much lower than the guaranteed returns from Edna Beryl and Chariot) aren't we looking at close to $20m a year in revenue?

 
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