ELE 0.00% 0.5¢ elmore ltd

re: Ann: QLD Thermal Coal 6.6-18.7 Bt Explora......

  1. 320 Posts.
    re: Ann: QLD Thermal Coal 6.6-18.7 Bt Explora... Goldexplorer,

    The way forward for this company now is more funds, whether it be by CR or a JV.

    Personally i believe there is a higher chance of CR than a JV. So as Practisingaccountant posted earlier, this looks like it is being setup nicely for a Cap Raising somewhere around 7c.

    Once this company has secured more finances i will revisit and consider buying back in.

    good luck
 
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