ELE 0.00% 0.5¢ elmore ltd

game changer, page-15

  1. 9,046 Posts.
    IF the DSO figures at AP14 pan out we can look at selling 1-2 million tons a year easily of that alone....you'd think...and especially with our new partner involved - and this should happen fairly quickly, next 1-2 years - and pay for, along with the VJ's a significant magnetite operation. I could see 50¢ easily at that point..and rising..provided they don't issue a mountain of shares to keep the coal dream alive as well. I can't see much value in their coal assets anytime soon...not worth being distracted. .Hope they concentrate on their Indian operations - and fully develop what they have there...
 
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