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Eastern Metals Limited ( (AU:EMS) ) has provided an announcement.
Eastern Metals Limited, soon to be renamed Raptor Metals Ltd, has lodged an Information Form and Checklist with the ASX in support of its listing application, outlining the technical and compliance framework underpinning its mining exploration projects. The company confirms that all exploration targets, results, mineral resource and ore reserve estimates referenced in its offer documentation are prepared and reported under the 2012 JORC Code by named competent persons, with their qualifications, professional memberships, consent statements and potential conflicts of interest fully disclosed, and supported by Independent Geologist Reports compiled in accordance with the VALMIN Code; this comprehensive disclosure is aimed at assuring regulators and investors of the robustness and independence of the company’s technical assessments as it progresses toward an ASX listing.
The most recent analyst rating on (AU:EMS) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Eastern Metals Limited stock, see the AU:EMS Stock Forecast page.
More about Eastern Metals Limited
Eastern Metals Limited, which plans to rebrand as Raptor Metals Ltd, is a mining exploration entity seeking admission to the official list of the ASX. The company’s activities are centred on exploration projects that report exploration targets, results, mineral resources and ore reserves in accordance with the Australasian JORC Code and the VALMIN Code, signalling a focus on compliant technical reporting for its mining and exploration portfolio.
Technical Sentiment Signal: Sell
For a thorough assessment of EMS stock, go to TipRanks’ Stock Analysis page.