ERM 3.33% 6.2¢ emmerson resources limited

It would be interesting to find out further information...

  1. 1,171 Posts.
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    It would be interesting to find out further information regarding the Tribute arrangement that Emmerson has entered into with the Edna Beryl Mining co. From what I have read they believe the initial resource expected from the Edna Beryl mine is around 7000oz. (am sure subject to further resource being confirmed, and assuming that I have read this correctly in other reports).

    Having some idea of the % that can be earned from the agreement would help (from some one more expert than myself Im sure) to determine how much future income will be earned should the small mines concept be successfully expanded.

    With this in mind, I am assuming any income received initially will be used for further exploration, general running costs of the operation etc. which I hope will avoid the need to dilute the share registry to keep things ticking along.
 
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