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0.5¢ elmore ltd

A life-changing company in the making, page-197

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mickloff

1,380 Posts.

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27/09/17

10:30

Post #: 27483393
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Originally posted by Timtator ↑

Minerva was the Roman goddess of wisdom and strategic warfare, and the sponsor of arts, trade, and strategy. haha

If the company have been producing dirt, while increasing throughput to nameplate, whilst simultaneously playing with flocculants in the thickening circuit, I suspect that they won't be far from at least break even on cash flow once nameplate is achieved.

Sales haven't happened very fast thus far, but once the two companies are fully in sync and NSL are at capacity, I think we should find it becomes a smooth process. Remember Minera made adjustments on their end to accept our product, so they are pretty keen for our dirt.

Will have to wait and see what the company announce, hopefully they are still on track for October as per their last announcement and another purchase order or two come in the next week.

I think Sean will repay his loan soon to keep them afloat while cash flow increases.

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NSL Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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