ELE 0.00% 0.5¢ elmore ltd

Hi all, Reads well to me in this economic climate. Funds are to...

  1. 1,473 Posts.
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    Hi all,

    Reads well to me in this economic climate. Funds are to be available when certain milestones are reached, which is a great thing. It provides the incentive for NSL to get on with the job and make this long term venture finally happen.

    Next announcement will be a purchase order for the phase one plant, i would imagine.

    The options being granted to Magna, at 3c i have no problem with. When they are converted, this will provide more funds for internal growth.

    Still has a lot of risk to it this one as it has for the last 5 years or so. Been in this for that long it seems like a lifetime of promises. But clear forward progress is being made, so i feel our pay day is close.

    Regards all holders, The Tinhopper
 
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