ELE 0.00% 0.5¢ elmore ltd

Ann: Expansion of Scope of Peko Contract, page-3

  1. 108 Posts.
    lightbulb Created with Sketch. 38
    "For this service Elmore receives a $100,000 + GST monthly retainer. In addition, Elmore is entitled
    to a $AU2 per tonne royalty. At the time of this announcement ICA owes Elmore $660,000 Inc
    GST of unpaid retainer fees.
    "

    Literally not paid, no money to pay. Is there even a proven resource in the ground. Who knows.
 
watchlist Created with Sketch. Add ELE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.