Empire Metals Share Discussion Threads

[csjcsl2] 26/10/2020 09:18

i dont see any derampers on this board..but i do see rampers..i think we can all agree ...eee have great potential..but its still early days..the drill results have to be great to keep this journey going..if not we all know what will happen..only invest what you can afford to lose..as the old saying goes

[apfindley] 26/10/2020 09:08

Derampers desperate to pick up eee shares now.Theyre interested as there is less risk than previously. With taking shares in candelaria, we are disposing of our own direct execution risk in georgia, and trading it for an investment in a range of assets which include producers and soon to be producers.And still have eclipse which is being drilled in Auz right now.

[saracen3] 26/10/2020 08:41

Think it possible that local JV partner will exercise its pre-exemption rights to pick up other 50% for $Can 7m.

[csjcsl2] 26/10/2020 08:31

agree casha..just trying to give a balanced view

[seanlander] 26/10/2020 08:29

Good job. Keep deramping and we'll pick up a gold mine for pennies!! Lol

[cashandcard] 26/10/2020 08:28

csjcsl2,


I think they have gone down this route knowing full well, from historical mining records, what to expect. Becoming a pure play of sorts, is risky, but hey - this is AIM - tell me where there is no risk?


Cash

[csjcsl2] 26/10/2020 08:24

high risk gamble this one..great potential but now a 1 project gamble..thats why share price is not flying.need good drill results if not good..eee is almost worthless

[cashandcard] 26/10/2020 08:23

Sometimes, its about being in the right place at the right time and you couldn't be in a better place than Western Oz in this Gold bull market.

Nice they have hived off the Georgia assets into another vehicle - which allows shareholders FULL exposure to the outcome of a high-grade Kalgoorlie area gold play. Correct me if I'm wrong, is this now the only Kalgoorlie pure play on AIM?

They have announced this 4days into maiden drill campaign - really looking forward to the results....


Cash

[seanlander] 26/10/2020 08:21

Exactly. When the slow readers have digested this rns this should hit 6-7p over the next couple of weeks... why would you leave the party now that we have more security and wider spread investment...I'll be there to catch any cheap shares!!! Glah

[geko5trade] 26/10/2020 08:18

I'm with seanlander on this one, looks a very good deal for EEE. De-risked EEE with multiple exposure to the upside.

[qs99] 26/10/2020 08:10

Shows how management believe in the Oz opportunity....IMO

[edgein] 26/10/2020 07:59

Interesting transaction as EEE will become fairly significant shareholders in CAND and all of the terms of the transaction are pre-production i.e. DFS and JORC etc so they don't even have to have KBE in production before they get the balance of the $7m. Some interesting assets at CAND too. That $7m would recover most of the spend that GEO made on Georgia while keeping future upside. No wonder they're also pursuing other acquisitions beyond Munni and Eclipse. Interesting way of adding value to EEE that the UK market failed to do.

Regards,
Ed.

[bspgamer] 26/10/2020 07:58

Somebody gets this finally

[seanlander] 26/10/2020 07:54

This is the key:Exposure to Candelaria's development projects in Mexico as well as continued exposure to growth in Georgia via an equity holding in CAND

[csjcsl2] 26/10/2020 07:48

like you say..who is left to run eee ? /

[apfindley] 26/10/2020 07:29

Excellent rns.Also looking into the company we're better off with taking their shares instead of cash. They're a producer and multiple assets, plus Mexican asset being built to be producing in just over 12 months. Continued exposure to Georgia too.And our exploration assets is Australia are therefore the focus.Fantastic.

[talkman2] 26/10/2020 07:28

Crystallising value in another asset . Excellent news .

[timnicebutdim] 26/10/2020 07:26

Actually ignore me ive only just woke up

[timnicebutdim] 26/10/2020 07:24

Not cash. Shares

[cashandcard] 26/10/2020 07:19

Wow, they really are making this all about Eclipse gold.Cash

[shares188] 26/10/2020 07:14

GREAT RNS!
Is7p going to hold..
😉

[fatgreek] 26/10/2020 01:38

Expecting this to be in double digits soon

[qs99] 25/10/2020 17:27

thanks fund, that should see it move north tomorrow....DYOR etc, but it will be the drilling news which will propel it beyond 10p IMO