ELE 0.00% 0.5¢ elmore ltd

tomorrow or next week, page-26

  1. 715 Posts.
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    Its a good question Kak, but its very open ended. It would depend on how much extra tonnage and how much there is a drop in the fe. If the tonnage were to raise to say 300mt and the fe was to drop to 55, I think it would balance things out, however, if the tonnage increases to 220mt and the fe drops to 48, then its needless to sat that doesn't weigh up!!!

    Hypotheticals are great, but i think we just need to be patient and see what happens.

    And Taktik, i'm not sure if your 'taktik' is to scare off buyers so you can pick up some cheapies, but there is no chance this is going south if the ann confirms past assessments of tonnage and FE......

    Good luck to all.
 
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