ELE 0.00% 0.5¢ elmore ltd

re: Ann: Indian Operations Update - Modified ... Yes Joe and...

  1. 294 Posts.
    re: Ann: Indian Operations Update - Modified ...
    Yes Joe and volume has increased on each of the last 3 days - even yesterday when market spat the dummy.

    Based on a broker's recommendation in the paper a couple of months ago at 7.4c, saying a re-rating was due soon, the cuurent price is still at a BUY level.
    Looking for 15c+ when finance and beneficiation plant delivery date comes out. Then we start looking forward to expected production date.

    NSL are finally pushing this project hard, now that they know how to do business in India and China.

    Would a Chinese Co make a T/O offer ?? Makes sense. They have bought plenty of Oz projects to help protect their future needs.

    DYOR and remember markets could plummet simply on a burp. But as we saw yesterday, not all stocks got hammered. NKP -0.001 on highest volume in this run up.
    Good fortune all
    TRIG

 
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