EMM - DrillingStriking higherst purity MN - increasing the mine life from an already low Capex vs NPV. Presently NPV just under $400 million with updated FS,Drilling updates to soon be released which will significantly make the project that more profitable along with extending the mine life.....EMM has an NDA with a European OEM......
Cormark/Beacon Securities just took down along with insiders $11.5 million at .44 cents with .60 cents options. Back in March EMM raised at .66 cents so the war chest is full to cover the construction equipment cost along with the design,buildout to start the sampling process to ensure the Mn meets the requirments by the OEM....
Get on this train as why in the world would Tetra Tech be the hired as an Engineer Consultant, one of the biggest and well known company's globally and if you want to invest in them hit that bid for $160 plus a share stateside. These guys would not even touch a company like EMM if there wasn't any real promise, well EMM has but that to bed though some may find this wait difficult the turn has been made and the team is almost at the "Championship " Game.
Back to Beacon Securites - site visit in August and months later in on this recent placement. The local flavor is genuine, mining permit is going to be signed and I'm sure already sitting inbound waiting for signatures.....the heavy lifting is done with tje soon to be released FS, who cares if it's late Q1 2022 as the new discoveries need to be added to the modeL which is going to show the world that this mine is going to make major bank well north of $500 million.
The recent updated short of 3 million plus gives the new investor or others to add, put in small blocks as the cover needs to happen from these levels to .60 cents. The sharks want this covered well below .44 cents, good luck with that one. Regardless we are all going to make major bank on this.
Enjoy the clip from the site.
https://twitter.com/i/status/1467852372613513222