ELE 0.00% 0.5¢ elmore ltd

iron ore, page-17

  1. 123 Posts.
    wish i had the money to top up too, but i've been raped by the market

    remember folks - the company valued the kerala iron mine worth $640m in the merger document of 10 July 2008

    before the relevant date, NSL completes a sale of all or a substantial portion of
    the Kerala Indian Project for a sale price (in cash, securities or a combination of
    both) of at least $640,000,000, all of the Performance Shares will automatically
    convert to NSL Shares at the relevant ratio.

    current market cap = $12m before share consolidation

    good luck holders

 
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