ELE elmore ltd
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The slipping IO price will matter slightly less once/if they can...

  1. HairyRichard
    3,874 Posts.
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    19/08/22
    09:46
    Post #: 63205557
    The slipping IO price will matter slightly less once/if they can recover the copper, cobalt and gold

    Looking decent. Production is a fair way behind where I expected them to be a few months back but... whatever - its a new operation in a labour shortage so I won't get hung up on it.

    Could see this potentially moving up towards that 10 cent level with the copper/cobalt/gold recoveries and progress on the Territory Minerals deal over the next 6-12 months
    ELE Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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