PRECIOUS METALS

Royalty arrangement could prove lucrative for Emmerson

ROB Bills can see the Edna Beryl gold mine in Northern Territory growing into a significant gold mine over time, which in combination with an attractive royalty arrangement would result in Bills’ company Emmerson Resources being well cashed up for the foreseeable future to continue its aggressive exploration.

Edna Beryl

Edna Beryl

While Edna Beryl's growth will be determined by the unknowns of exploration success, the big positive for Emmerson is seen as its risk-free and potentially lucrative gold royalties and NPI/profit share...

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