ELE 0.00% 0.5¢ elmore ltd

just a few issues, page-2

  1. 2,629 Posts.
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    Hi WW111,

    JMHO based on Friday's trading activity and the two paragraphs below from the 06/12/2007 announcement we could be looking at an announcement to up date the market and hopefully clarify some of your issues. Time will tell...

  2. //The JV committee had an informal meeting in late November 2007 to discuss exploration strategies, and

  3. in light of new information being recovered will meet again at the earliest opportunity to plan and budget Stages 1 & 2 of the proposed exploration activities (Annexure A).

  4. The JV will need to reach agreement with respect to tonnage and grade too meet "equivalent value" for the Exploration Potential and JORC Inferred Resource milestones set out in JV Agreement and Option Deed (Annexure A).//

    Cheers,
    Brantley





 
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