ELE 0.00% 0.5¢ elmore ltd

Excellent. Another quarter million or so in cashflow as they...

  1. 3,284 Posts.
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    Excellent. Another quarter million or so in cashflow as they ramp up.

    Can't help monsoon season, unless they build a very big roof over a few hundred square metres haha

    If we can square away some of the 15kt per month Minera said they were after, our nameplate should be pretty much fully allocated to Minera, and then any additional capacity achieved due to Xinhai improvement suggestions can be sold in smaller parcels to other customers.

    Going to be a very positive end to the year I think, once they order the next 200ktpa plant and are running at above nameplate with continued regular sales, we should see the share price continue to appreciate.

    Consistent repetition of sales is what we've all been waiting for and this appears to have finally begun.
 
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