ELE 0.00% 0.5¢ elmore ltd

Ann: New Customer - 20,000t PO Received, page-178

  1. 8,072 Posts.
    lightbulb Created with Sketch. 554
    I didn't say anything in December about 63-65%Fe or 24hr production though, we didn't learn about management's new targets on grades until mid Feb which I'd imagine was a matter of shifting the goal posts for client demand along with higher profits and better sustainability when considering any Indian IO price fluctuations, not to mention better for our steel endeavours, so it is was it is, as said I'd prefer to wait in the ST considering it's without a doubt better in the MT-LT...what the impatient want to do in the mean time is not really of my concern....the stock market is full of impatient investors handing their shares over to the more patient to make money on, from my experience when others are becoming impatient and/or panicking that is the best time to buy then sit back and enjoy the ride

    you can throw this post of mine back at me in a couple of weeks if we haven't hit 24hr production and cash hasn't started to flow, we'll see who's right then, would you like to put a wager on it?
    Last edited by ohreally: 28/04/17
 
watchlist Created with Sketch. Add ELE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.