excellent jorc to be announced, page-3

Hi radioactive,

"Our management team under-promise and over-deliver"

This is so true. I haven't seen such a good management like ELM's so far in my stock market life.

So I am still here. I would never hesitate to critise a management if they over-promise and under-deliver.

These guys are working like the best quality clock, never failed in their promises so far, always delivered the things in time with over expectations.

I would be very happy by a JORC around 250-300mt tomorrow as 200mt would give us a stock price of $4.45. Phase-2 drilling would triple the Phase-1 drilling so we could have around 750-1bt at the end of Phase-2.

Remember this table;

Deposit... Recorovable... Life of..... Asset ..... Share
Size ....... KCl............... Mine....... Value ..... Value
----------------------------------------------------------------------------
200mt .... 80mt .......... 26Y ........ $800m .... $4.45
300mt .... 120mt.......... 40Y ........ $1.2b ..... $6.65
600mt .... 240mt.......... 80Y ........ $2.4b .... $13.30
1bt ......... 400mt......... 133Y........ $4.0b .... $22.00


Deltango,

100% agreed with your fantastic list. I couldn't find anything to add to it.

I don't agree on one thing! Let's not retire mate!
We have already made a lot of money on this one. Let's make more money. We now know each other as honest people here and can help to find and analyse the news stocks after ELM (but at least 6 months later).

I have been always in very good stocks and never failed so far. I have made good money by chosing the right stocks with good fundemantels. Arrow, Lynas were my previous stock. So it is so easy to make a lot money in stock market if you don't follow the manipulators and belive in the fundemantels of businesses.

My principle is this; I am not investing in stock market, I am investing in businesses which I can be the partner of through stock market.