This could very easily go either way and very dependant on any reporting on operational side of things. To trade again they had to satisfy the ASX they were operational and an ongoing concern. Seems likely after the restructure and IF the plans for the processing plants are in place there should be money flowing in. The main question now is how much and what does it all look like. Are plants operational and not just standing by, is the predicted processing and resultant product to spec and what volumes?
ELE Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held