ELE 0.00% 0.5¢ elmore ltd

Good days around the corner?, page-104

  1. 12,206 Posts.
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    Talk about a wishy washy announcement. I hope you don't base your investment strategy on this type of announcement.
    Like most IOR (NSL) announcements re production and sales, they only fizzle out, or an excuse is given.
    Except of course, CEO incentive packages and consolidation.
    We'll see in a few months whether the grade is sufficiently improved and production expanded to at least stop losing money hand over fist. Until then the best of luck, you'll need it.
 
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