ELE 0.00% 0.5¢ elmore ltd

Ann: Market Update, page-21

  1. 395 Posts.
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    People will say what they like but the share price will recover as phase 3 is taking shape. So there will be ample opportunity to recoup your money. I predict the trajectory will follow a similar pattern to phase 2. All IMO

    As an aside, I still do not understand how we can have a cash burn at the level it is when the plant is not operating at projected level. I understand that there are fixed costs but surely the variable costs should come down given that we are never producing at a level that they forecast in proceeding quarterlies.
 
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