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0.00% 0.5¢ elmore ltd

cash cow which seems like a no brainer , page-4

  1. sydney6791
    5,747 Posts.
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    12/07/12
    12:44
    Post #: 10425440
    Hi michael demos,

    I donot think $3m cash per Quarter is "small cash flow" , consindering our Queensland world class thermal coal project, and NSL's relationship with indian companies, I believe NSL will get an Indian JV partner for the Queensland 10Bt thermal coal project soon.

    Current SP is super cheap, my SP target for NSL is 20c+ by the end of 2012.
    NSL Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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