ELE 0.00% 0.5¢ elmore ltd

maybe 20 cents by march, page-11

  1. 3,577 Posts.
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    only reason i see why nsl are hanging round at current prices is that nothing is just yet concrete... when it becomes 100% certain, and confidant that the finance is all good then we are going for a run. the first project is the most important one, and in the end its what cash is coming in to the company in order for them to grow at a rate.

    good luck all.

    nice to see some new posters..
    joe i just though that in order for them to do a cap raising they have to do it at 20c which means a consolidation.

    maybe got mixed up with something.. but why would they do a 400M share dilution when they can or should crack a deal with the chinese to deliver at a discount and in turn fund their project.. i think the 400M is just the easy way out, they want to protect shareholders hence the reason why its taking time to do finance properly. ? imo. well see anyway
 
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