ELE 0.00% 0.5¢ elmore ltd

Just nice to see an update focused on sales. Personally not...

  1. 2,108 Posts.
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    Just nice to see an update focused on sales. Personally not overly bothered with the content but very happy to see communications to the market. For the market no news is likened to bad news. Hope they are working this out now and we keep seeing regular updates even if they bring us underwhelming news.

    If they also communicate to the customers they have the feed issue sorted and the plant is reliably running with consistent %Fe then possibly month by month orders may sure up.

    It does seem, as painfully slow as it has been, that the plant, feed stock and associated plant optimisations are sorted. A concerted focus on sales is now in order to push NSL into consistent repeat sales month on month and then onto expansion. I would not expect expansion until orders/sales are consistent for 4-6 months and current plant is at or near capacity. Having said that NSL have many irons in the fire as we know so something may pop up that is unexpected, in a good way.
 
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