ELE 0.00% 0.5¢ elmore ltd

nsl true worth post jv, page-5

  1. 6,565 Posts.
    lightbulb Created with Sketch. 150
    Given that the project is very close to transport/roads, the cost of infrastructure may not be as high as we expect and therefore the issuing of shares may not be as large as you think. In addition, i would expect that the cost to extract ie labour etc would be cheaper.

    I am only a relatively new shareholder but i can certainly see there is a definate upside to this stock. All research would suggest that there is good potential. Lets see what tommorrows announcement brings. Might be a luckily leap year announcement. lol
 
watchlist Created with Sketch. Add ELE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.