ELE 0.00% 0.5¢ elmore ltd

Ann: 2020 Annual Report to shareholders, page-3

  1. 2,108 Posts.
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    It would appear all the fallout from previous management and exit from India are almost complete. Still some delays on newly focused business in Australia but would appear on the face of it the new direction could pay off. Still some way to go but if the idea of mobilising a plant for otherwise uneconomic recovery/benification with fixed plant works then we may see something rise from the ashes.

    On what scale and how popular the mobile plant scenario is remains to be seen. Having only 1 or 2 mobile plants operating is not going to set the SP on fire. Building over a few years to have many mobile plants operating could see a tidy revenue stream coming in.





 
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