ELE 0.00% 0.5¢ elmore ltd

value, page-4

  1. 2,929 Posts.
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    Issue is can they produce the goods.
    Chew up of cash between operating and admin is 5.2 mill.
    Per ton costs for 20k 40 k and 60k and 80k tons is $260
    $130 $86 and $65.
    How much have they done so far and is the problem with the resource or the operations.
    Ill stay on the sidelines until they can demonstrate they can get ore to port at a reasonable rate.
    Another 4 months like the last 4 will make it very difficult to raise money again
 
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Currently unlisted public company.

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