ELE 0.00% 0.5¢ elmore ltd

re-listing, page-19

  1. 845 Posts.
    and the $5m rised back in jan and also 2 working mines.
    price of ore is about $150 pt

    even if they take another 2months to get 200,000t to port
    and the current offtake agreement lapses, NSL will have
    $30m sitting at port ready to ship minus $7m extraction and transport costs..
    so $10m + $5m + $23m =$38m

    or with current agreement where the current customer is willing to wait
    $10m + $5m + $5m =$20m

    if it looks like a rough diamond , smells like a rough diamond it usually ......

    that's my take on things

 
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