ELE 0.00% 0.5¢ elmore ltd

big volume in franfurt last night, page-34

  1. 1,753 Posts.
    Spoke to my sometimes broker recently and he had been chatting with Cedric.
    They discussed all the things we see here on the NSL threads and he came away feeling like there is a good upside. He recommended that I sell one of my other punts and top up on NSL which I duly did.

    I don't follow enough to harp on the specifics but the (multiple) upgrades that are planned for milling capacity will add tonnes to our throughput. The market for the product is there so any increase is $$ in our collective pocket.

    Don't quote me but I think all NSLs operations are very close to free carried at current production rates so any increase is profit.

    Others will confirm or deny.
 
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