ERM 3.33% 6.2¢ emmerson resources limited

Have been a previous holder of ERM - And watching the ABC...

  1. 1,171 Posts.
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    Have been a previous holder of ERM - And watching the ABC article I can make the following (probably ignorant) assumptions

    * Nice old guy at Edna Beryl Mining Co was able to extract some gold using an old mill, but not the Bonanza quantity for no other reason than the machine used was inefficient
    * this doesn't present well when compared to some of the statements previously made by ERM about the quantity of gold to be extracted from Edna Beryl
    * Would appear that this lost production will come back in when the new mill is available - but for now reality is not as slick as the market updates appear to be.

    I genuinely would like to be a holder but am not sure at what starting price -any thoughts?
    Last edited by mwatts: 15/08/18
 
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