ELE 0.00% 0.5¢ elmore ltd

Let's have a pump and dump so the pros can distribute some more...

  1. 896 Posts.
    lightbulb Created with Sketch. 142
    Let's have a pump and dump so the pros can distribute some more of their shares!

    Just look at all those fake prop bids at 2.2, 2.3 and 2.4!

    Best case is 2000 tonnes produced in almost six weeks by the look of things so that's about 18,000 tonnes per annum run-rate or less than 10% of what the plant was built for.

    Looks good though! Great investment here. Honest!

    "Commercial terms similar to other orders" - I would put a lot of money on the terms being worse than the other orders. But we don't know do we because they conveniently didn't tell us the details.

    I really can't believe this stock is still in the 2 cent region. Fair value is more like 0.005 with what they have delivered to date.

    Anyone who loses money on NSL from here on is ignoring reality as per their own announcements.

    The writing is on the wall.
    Last edited by Waldo777: 18/07/17
 
watchlist Created with Sketch. Add ELE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.