Landing on my desk on 18th February is a note on EMED (EMED) , the company planning to bring the Rio Tinto copper mine in Spain back to life, prepared by its house broker Fox Davies. The house or “shop” is meant to be closer than anyone to a quoted company and thus its take on a new technical report on Rio Tinto is interesting, if not entirely bullish.
The company announced that independent technical expert Behre Dolbear, has completed an updated NI 43-101 Technical Report on the Company’s Rio Tinto Copper Project. That is in the public domain. The bad news from the report comes in three forms:
on TradingResearchPoint | Comments