ELE 0.00% 0.5¢ elmore ltd

AGM Answers, page-112

  1. 8,072 Posts.
    lightbulb Created with Sketch. 554
    "will be"......Production and cash flow positive and onwards and upwards, bye bye 3's and 4's

    The way I see it we have to get a pretty large re-rate from the current MC starting anytime now, at latest from the time we get news of product ready to go and PO's(which also as we know could be any day now), lot's of speckies out there with a higher MC that are running at pretty hefty losses relying on CR after CR to keep afloat and are based entirely on speculation, and here we are about to leave the 'specky' label behidn for good whilst on the verge of cash flow positive with decent growth in sight on a lower MC.

    I reckon we might get an ann. tomoz, the good 'ol NSL Thursday favorites, they seem to like around the 10-10.30am mark, if not tomorrow then we should hopefully hear something on Friday(failing that one can only assume absolute latest would be next week)

    -24th Nov: anticipates full load commissioning to start pumping out high grade premium price product at the end of November
    -(7 days later)1st Dec: anticipates full load commissioning starting later on this day, moving to higher grade feed next week
    -(7 days later)8th Dec: ???to be continued
    Last edited by ohreally: 07/12/16
 
watchlist Created with Sketch. Add ELE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.