ELE 0.00% 0.5¢ elmore ltd

Ann: Grid Power Connection Sanctioned by AP Govt, page-63

  1. 3,284 Posts.
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    Selling is used loosely haha
    Phase 1 plant is like a kitchen blender... Has different settings for different outcomes and can be turned off and on with a switch.

    We have received some purchase orders as we are aware from announcements which are likely slowly being filled. I don't believe we are stock piling anything from Phase 1 as it would be pointless due to the fact all of our customers require slightly different products at the moment which I believe is partly to do with the process the Phase 1 plant uses.

    This however will not be the case for Phase 2 as the high gradr product is one size fits all and can easily be stockpiling when there are no orders. Luckily for us though, we aren't likely to experience the same spotatic nature for Phase 2 and should see ore going straight out the gates to BMM and/or JSW

    Phase 1 will produce money but Phase 2 is where the future is at. Phase 2 should produce more revenue in one year than the entire market capital of NSL.

    It's easy to bash a company, but even easier to see why they will one day be successful. Compare their position now to any other time in the past 7 years and you will see they have never had so much going for them. They have never had so much potential, support from both government and industry and so many small things moving them closer and closer to success.

    If a six day infrastructure approval in India isn't a big enough indicator as to how different things are, perhaps you should try applying for a visa to even get into the country.
 
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