ELE 0.00% 0.5¢ elmore ltd

6 cent target, page-256

  1. 3,935 Posts.
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    I am going out on a limb here.
    I am going to suggest that the sp will jump to 6 + cents.
    Why you may ask!

    Iron ore prices pushing higher
    No Magna debt issues
    $$$ expected from option conversions
    Commissioning will be announced
    PO with at least BMM for total year production may be announced.

    When? My guess is next week.

    An ANN about an order for a bolt on wet plant boosting production will take it past 10 cents.
    Progress on steel mill JV will provide further support.

    GLTAH DYOR
 
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