ELE 0.00% 0.5¢ elmore ltd

Ann: Ore Sales (Offtake) Agreement entered into, page-2

  1. 353 Posts.
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    Looks a very positive offtake agreement. Now that this is signed, it should help with negotiating finance that avoids extortionate terms and rates. Buying out Elmore’s majority partner has enormously increased the risk/reward of the Peko project. The finance agreement plus operations updates will tell us whether management have done the right thing.
 
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