Elmore’s Managing Director Mr David Mendelawitz commented: “Whilst the recent weather events have presented unprecedented challenges to the Peko magnetite ramp-up, I am extremely proud of the way our team diligently managed through this period, setting us up to capitalise on strong iron ore prices, rapidly move toward full production and ensuringwe have the opportunity to grow shareholder value in an exciting year ahead.”
We can believe the managing director yes re exciting year ahead / grow shareholder value. Hope so.
ELE Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held