ELE 0.00% 0.5¢ elmore ltd

cash cow which seems like a no brainer , page-87

  1. 9,046 Posts.
    Yes, did get a quick reply. He did say recent Indian iron ore prices have been strengthening....while international prices have been softening. What I was most interested in has been answered...quote 'Domestic demand for our Phase 1 material is very strong.' So it would appear that we're getting good prices for the product and having no problems selling it. Certainly suits me....going better than most, if not all, iron ore miners on the ASX!
    I'd also be pretty confident that the second payment will be announced quick smart..
    SP appears to be getting some blow-back from the international ore situation....but looks like it may follow AGO back up. Problem as usual is share volume. Need more of it....I'll try to help this week. And the company needs to sell the story....nice dramatic powerpoints....gasbag sessions with brokers....show and tells..etc....I mention NSL to others and there is zero familiarity with the company...no one seems to have heard of it.
 
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