If you read the half yearly it says $150k and 2%, but they are also paying a 1% royalty on the novation deed thingy. It's all a bit confusing so hard to properly gauge anything till we get some financial reports in. The con notes would bring in another 65m shares which is worth keeping in mind. My target is for something around a $65m market cap. Might exit there, or re-assess. Dunno. Are we now on the cusp of great free cashflow or will another raise be needed first!?
ELE Price at posting:
4.3¢ Sentiment: Hold Disclosure: Held
