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EMH 38.0¢

EMH - Building Momentum

  1. tukebay

    2,113 Posts.
    It seems as though EMH has started to build very nice momentum recently in progressing its potentially enormous multi-commodity Cinovec project in the Czech Republic.

    After a quiet period over Xmas/New Year, EMH has been reporting on an almost daily basis of late – and with more to come in the very near future.

    With a market cap of about $2.7m & an EV of about $2m, it wouldn’t take much to see EMH move to a cap of about $10m pretty quickly. The fundamentals are there, the register is nice and tight and the relatively newly appointed CEO, Keith Coughlan, picked up 4m shares recently as a sub-underwriter of the recent rights issue – so he is putting his money where his mouth is; which is exactly what you want to see from the CEO of a company.

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