EL8 3.95% 39.5¢ elevate uranium ltd

Ann: Presentation to the Sydney Resources Round-up, page-2

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  1. 2,432 Posts.
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    This company has a shocking track record of shareholder dilution. In 2014 they did a 100:1 consolidation which gave 13.7M shares (so 1.3B shares before consolidation).Since then the number of shares has risen 530% to 73M and will keep on rising .. until the next consolidation.

    If their U-pgrade process is so great and reduces OPEX by 50% you would think companies would be falling over themselves to pay to use it.The fact is U-pgrade is commercially untried & unproven and has only been tried in a lab.
 
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