Bullboard - Stock Discussion Forum Emerita Resources Corp V.EMO

Alternate Symbol(s): EMOTF

Metals & Mining Industrial Metals & Minerals

Emerita Resources Corp. is a Canada-based natural resource company engaged in the acquisition, exploration and development of mineral properties in Europe, with a primary focus on exploring in Spain. The Company has a 100% ownership interest in the Iberia Belt West (IBW) project located in the Iberian Pyrite Belt in southern Spain. The IBW Project encompasses three polymetallic deposits. The... see more

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Emerita Resources Corp > New website for Emo new information

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Post by Drjonestwitter on Sep 22, 2021 10:46pm

New website for Emo new information

If Matsa is being sold for $2 BILLION USD. (We all agree? Great.) Aznalcllar is approximately 3x the size, as-is data supported and at approximately the same grade but needs a mill (approx 400 million in cap ex to first production, it’s pre-approved for a mine). Then the question remains, what is Aznalcllar worth? Is it $2 billion x 3 - cap ex = $5.6 billion usd? I don’t know the answer but it’s more then $2 billion that’s for sure. At just $2 billion for Aznalcllar that’s $8.69 USD / $11.10 can per share. At $4 billion $17.38 usd / $22.20 can per share. That’s the math. The data is the data. The law is the law.

https://www.emeritaresources.com/projects/aznalcollar/

Best Doc Jones

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