ELE 0.00% 0.5¢ elmore ltd

PATHETIC!!!!!"At the completion of the quarter the Company had...

  1. 581 Posts.
    lightbulb Created with Sketch. 20
    PATHETIC!!!!!

    "At the completion of the quarter the Company had approximately 2,500 tonnes of saleable
    material stockpiled and ready for sale."


    "At the commencement of the March quarter, the Company had an opening cash balance
    of $1.92 million. The closing cash balance for the quarter ended 31 March, 2013 was $973k."

    Another quarter come and gone, still NO sales, a cash burn of another million dollars and after 15 months of the plant installation we have 2500 tonnes of saleable ore.

    WHAT A JOKE!!!!!!
 
watchlist Created with Sketch. Add ELE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.