Emergent scraps Beyondie JV with Chinese

Emergent Resources has scrapped its planned $200 million joint venture with Beijing China Metallurgical Investment for the Beyondie iron project in the mid-west.

Under the terms of the joint venture announced last October, Emergent was to receive more than $5 million from a placement of shares and options to CMIC.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
38thFYI Resources322%26%
236thEmergent Resources40%-6%
421stFraser Range Metals0%-36%
577thEquatorial Resources-25%-23%
749thEstrella Resources-56%-46%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Other
$1k Bought
$60 Bought
Total value as at the date of the transaction
Source: Morningstar


408th↑Emergent Resources$0
411th↓Equatorial Resources$0
412th-Estrella Resources$0
414th↓Fraser Range Metals$0
415th↓FYI Resources$0
503 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Emergent Resources

1224thJianhua Sang$60k
1357thBevan Tarratt$42k
1435thEdmond Yao$34k
Ranked by total remuneration from all listed WA companies

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