ELE 0.00% 0.5¢ elmore ltd

Ann: Quarterly Activities Report, page-3

  1. 259 Posts.
    lightbulb Created with Sketch. 46
    Yes Sales Update was good to see - still some good reading in the quarterly..


    "Deliveries commenced to BMM, with the first 500 tonne parcel sent to test the delivery and payment process. This proved successful and further deliveries continue post quarter end, with a total of 800 tonnes of premium quality filter cake in grades between 58% and 61% Fe in the quarter.

    Further, the Company advised that it has renegotiated the PO terms to a more favourable position, reflecting the strengthening of the India market."

    Its clear that the actual process of getting product to our customers is not a walk in the park - for NSL to call this out as a success and talk of further deliveries is a massive positive in my view... Renegotiating PO terms is another massive positive..

    Its not all bad in here.. GLTA
 
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