Empire Metals Share Discussion Threads

[geko5trade] 20/5/2021 10:10

No! Probably a resolution for Georgian assets would clear the air but I'm still in favour of the current policy longer term. Develop assets in secure areas where they have control of the projects.

[davetedjack] 20/5/2021 09:59

Once again the blue didn't last long.

[geko5trade] 20/5/2021 08:35

Looks like a good fit. Exactly the way I'd like to see the company developed. It would be nice if money came in from Georgia but in the meantime acquiring and developing assets in the relatively safe areas where they have knowledge and expertise is the way to go, imo.

[lukewarner222] 20/5/2021 08:26

Eee deliver the goods. Another interesting project!

[lukewarner222] 20/5/2021 08:03

Wow great rns. Things just got interesting!!!!

[edgein] 20/5/2021 07:41

Paulie,

Good stuff, sounds like another interesting acquisition in WA, 700m of RC previously completed which hit gold (to be confirmed by the company). Sounds like its highly prospective to a potential decent hit. Old high grade workings on the licence areas.

Selling those Georgian assets would speed these along, but nice to see the new guy make an acquisition already.

Regards,
Ed.

[pauliewonder] 20/5/2021 07:35

Happy with that RNS. Clearly finds from Georgia would have been better used than dilution but we aren't there yet with the sale. Looks like a very tidy project in a very prospective area. Good news

[gta5] 19/5/2021 14:46

CEO has not even started yet and this is falling... not great., however the news of getting a decent MD is a great achievement in its own right and lends a bit of credibility to EEE.
Now we just need to extract "some" value from Georgia, wether it's cash or shares we need it to move, as we're running out of runway with dwindling cash reserves... and lets face it; 6K ounces is not much to write home about. Keen to see that upgraded urgently....
GL,

GTA.

[bspgamer] 19/5/2021 13:46

Won't be for long, we have new CEO. The gold is on the up and plenty of news due

[saracen3] 19/5/2021 13:45

Bitcoin fall causing sell off and margin calls.

[davetedjack] 19/5/2021 13:38

See appointing a new CEO has really kicked started the recovery Perhaps he needs a little more time.

[shares188] 19/5/2021 00:04

Is this ever going to get its backside
in gear!!!
Always late with any updates!!

[geko5trade] 17/5/2021 13:01

I agree Georgia is very frustrating but to my mind the debacle demonstrates that it's the right decision to get out. I'd rather now than when the project has had further investment.
I think it's best to value EEE just according to the Aus projects and if we get something from Georgia it's a welcome, and possibly a very valuable, bonus.

[gta5] 17/5/2021 12:52

thanks Geko... Agreed, but it's just that Georgia has dragged on for quite some time since Candelaria made their offer. Every day that passes without resolution is testament to problems. (I'm guessing that the ministry of mines in Georgia is the one not playing ball and this benefits the Russian partner as they're in no rush to pay anything for the 50%.)
As far as I can tell the offer from CAND is generous, but also conditional on milestones that are unlikely to be achieved unless the ministry and partner both play ball. So no risk offer in other words.

Anyway, great news with new MD, no complaints there!

I hope the next RNS is a more substantial JORC resource and any progress on GEO...


GL, GTA.

[geko5trade] 17/5/2021 11:47

GTA5. Just as they seem to have made a good choice re the new man they won't sort Georgia out by rushing it. If they work to the trader's timeline it won't help. Supper's ready when it's cooked I'm afraid!

[saracen3] 17/5/2021 11:45

2 price monitoring sessions suggests an imbalance of orders which I take to be more buyers than sellers.

[gta5] 17/5/2021 11:37

Shaun seems like a decent enough choice. Should be enough hands-on to drive this forward to production.
Well done to get someone of caliber to join EEE.
Now just crystalise Georgia with either $$$ or Candelaria shares, just do it!

Onwards and upwards....
GTA.

[iloveit] 17/5/2021 09:54

Wonder who was in charge when it took off to 25p+ .Maybe it's ready for same price rise again.

[bspgamer] 17/5/2021 09:39

I have to agree I liked Greg, a good sales man

[barony] 17/5/2021 09:13

Very good news.

[5trelok] 17/5/2021 09:03

The new MD seems to have good credentials

In an ideal world I would have preferred a certain Gregory Kuenzel to take the helm again but...

It is what it is

I can see us ending the week above 3.5




5t

[davetedjack] 17/5/2021 08:53

Unable to buy online since opening

[bspgamer] 17/5/2021 08:47

She's about to blow

[saracen3] 17/5/2021 08:46

Very few on offer, check it out.