ELE 0.00% 0.5¢ elmore ltd

Hi WestcottI think you already know the answer tothat question,...

  1. 581 Posts.
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    Hi Westcott

    I think you already know the answer tothat question, and that is I don't know and neither does anybody else.

    Further to that I believe that the first 200k tonnes was at a fixed price and current negotiations hopefully will be at spot prices.

    At a cost of $33/tonne to mine and deliver anything north of that is a profit. At least they are mining and selling the stuff now which is something SDL wont be doing for years.

    I will bet you a bottle of Jonnie Walker Blue lable that NSL will get to $1/share before SDL do so jump on board and come along for the ride.

    Joe
 
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