Emerita Resources Corp V.EMO

$EMO Emerita Resources - David Gower

[cool888]

https://www.youtube.com/watch?v=Os4xlxOTPU4

[Moneycat]

Don't forget to watch in just over an hour

[Moneycat]

I liked the part where he basically said the mine will be theirs.  The Govt  can not put it out for re-bids... by Spanisgh law this is a done deal I think

[Moneycat]

One quick thing I did not catch......David mentioned an analyst Price and mentione that if we get AZN that price will be multiples of what the current target is.  Did anyone catch what the name of that analyst is and possibly on what amount it might be ??    So putting 2 + 2 together....David mentioned the Govt can not go to Re-bid.... to me it sounds like this is basically a done

[Maharasso]

That is probably Varun Arora of Clarus Securities. He wrote the following:  Significant Upside Beyond Our Base Case Valuation: Our ‘Base Case’ valuation model for Aznalcollar is based only on the Los Frailes lens at Aznalcollar while there are multiple other deposits that could result in a doubling or more of our currently estimated mine life (~15 years). In addition, we apply a

[Moneycat]

I also forgot to say that when he was asked if they have had any discussions with any majors on if they win AZN and all he could say was that he has signed a couple of Confidentiality Agreements ( CA'S )