ELE 0.00% 0.5¢ elmore ltd

Ann: Quarterly Cashflow Report, page-13

  1. 1,388 Posts.
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    Unless I misheard 700k was quoted.

    @royfern can you recall as well as other gentlemen I met there?

    My take fwiw

    I doubt there will be a phase 3 order in the near future.

    Unlike others the 60 day wait for the delivery of JSW is not great imo.

    If they don't get paid in the next 60 days you won't see those $$$ until reading the quarterly in July.

    If they are burning 2M and they don't match that with sales.. then the FS money will start to dwindle to a point where order phase 3 would be irresponsible for the cash position.
 
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