ELE 0.00% 0.5¢ elmore ltd

Time for an announcement, page-53

  1. 1,080 Posts.
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    Yea there is no renewed confidence from Magna that i can see.

    NSL have just drawn down the next payment in part of an already approved $5m set by the Magna/NSL agreement.

    There are set goals that if reached we are then able to draw down at an earlier date.
    We really needed to hit the mark with the goals to keep investor interest imo.

    I'm really hoping that the finally drawn down isn't needed once phase2 is up and running so we can rid ourselves of this necessary evil.

    Anyway i'm still holding firm as i still believe we're close.
 
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