ELE 0.00% 0.5¢ elmore ltd

cash cow which seems like a no brainer , page-52

  1. 8,602 Posts.
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    Hi (joeborgo)

    There lies the problem in your reply.

    Even now that they are at full production and on the verge of signing off take agreements.

    I thought they were building up to a first stage production level,not at full production capacity.

    What amount of iron ore are they producing and selling at present Joe?Do you know?

    Until off take signed up,no sales.Unless they are selling at the gate on demand.
    I have heard the same from SDL for the last 2 years.

    Regards
    Westcott.
 
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