ELE 0.00% 0.5¢ elmore ltd

You guys continue to create new tread trying to ditch...

  1. 654 Posts.
    You guys continue to create new tread trying to ditch me.
    I remember membling predicted it would take 12 weeks to do a nice clean commissioning and he will be disappointed that SP still below 5c when production commence. Kudos to your accurate prediction,respects!
    What disappointed me a little bit is in their presentation,they stated second wet plant will come into the picture around July 2017.I can only assume that would be the time of ordering instead of construction.I don`t know how can they manage to get second plant up running before October(like they suggest in their September interview,what they see themselves in 12 month). I can only assume the expansion would be less complicated,less time consuming(it is 1 million cheaper anyway),so they can finish constructing and commission within 3 month instead of 5,and second plant will be up running around next December.But I can live with that,and SP may touch 8c if you apply a growing PE of 20,without the JV bit.
 
watchlist Created with Sketch. Add ELE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.