Looks extremely promising.Low shares on offer, tight and finally...

Looks extremely promising.

Low shares on offer, tight and finally the technology is being accepted in a global market within a resource boom. This will be the year - I'd add her to your watchlist. The close was odd but acceptable and we do have a few significant technical indicators going off here plus the increasingly appealing fundamentals.

Electrometals expects $1m profit for year
12:57, Monday, 30 October 2006

Sydney - Monday - October 30: (RWE Australian Business News) -
Electrometals Technologies Ltd (ASX code: EMM) today said it expected to
achieve a full-year profit "probably in the range of" $1 million to $1.2
million on full-year revenue in the range of $7 million to $7.5 million.
This was based on internal management accounts to the end of
September and work in hand, and assumed no adverse events before the end
of the year.
In the full year to December 2005, Electrometals incurred a
consolidated loss of $389,456 on revenue of $3.88 million, with the
majority of the loss ($286,585) occurring in the first half of 2005.
Since then, the company declared a profit of $251,071 on revenue
of $2.77 million for the half-year to June 2006 and directors intimated
in the report accompanying the half-year accounts that they anticipated
this improvement would continue into the second half of 2006 and the
company would be able to report its first full-year profit.
Shares in Electrometals rose 1.2c to 5.8c today.

and,

Electrometals sales at record
10:28, Tuesday, 7 November 2006

Sydney - Tuesday - November 7: (RWE Australian Business News) -
Electrometals Technologies (EMM) reports it has been contracted to
supply an EMEW electrowinning facility to a customer in Canada, to be
installed at a mine in Zambia and used for the production of copper
cathode from a feed solution of copper sulphate.
The total amount of the contract is A$1,598,600, for delivery in
the first half of next year. A substantial deposit has been received.
This sale means that committed sales for calendar year 2006
(i.e. new sales contracted this year) will be at least $7.8 million, the
highest-ever annual committed sales.
Our work in hand (order book) at the end of 2006 is now expected
to be at least approximately $2.6 million, a significant increase over
recent years.