ELE 0.00% 0.5¢ elmore ltd

value

  1. 193 Posts.
    is anyone interested in throwing some valuation figures around?

    if we adopt Whitepointer's figures in the relisting thread; say $38 million for example. And after consolidation NSL has 279,333,068 shares (including options) that would mean an asset base of 13.6c per share?

    hopefully one day we will get an announcement about ore on ship, and proved up resources, and then the stockbroking houses can present the public with a pretty report with targeted share price and buy recommendation... Given it looks like no exploration is underway (pending $250k from the capital raising to fund exploration on existing tenements) that might take a while.
 
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