ELE 0.00% 0.5¢ elmore ltd

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  1. 1,474 Posts.
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    Hi stricker,

    That`s the reason why i`m still invested in this one, management have heavily backed this.

    Let`s wait and see what the end of the month brings.

    If ViJay have managed to build up a good tonnage of Ore, then hopefully a good production run can be achieved from the processing plant. If this happens, then there should be considerable upside to this unloved stock.

    Yes it`s frustrating that ViJay have not been able to come up with their share of the money as yet, but the main thing is that they are minning, using their equipment and personal.

    Not sure who the large seller has been or what their motive is. Time will see if they are a genuine seller or not.

    Regards The Tinhopper
 
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Currently unlisted public company.

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