ELE 0.00% 0.5¢ elmore ltd

vote no to cedric’s performance shares, page-121

  1. 65 Posts.
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    I don't have an answer for that. As a buyer even if they told me how much ore was shipped out with no pricing I would still work out if they are struggling sales wise and if I thought they were I would offer low pricing to buy it and not seem that interested and buy smaller amounts from another supplier and hope NSL would get desperate and come back in that time and accept the offer and way up the interest rate on cash in the bank vs trying to lock them in on a supply agreements for sometime, even more so if I felt the price of ore was going to go up in value. Once sales were strongly re occurring then to a degree it would have the opposite effect but I wouldn't bother really wasting my time if I didn't think they were struggling. Even if they issued forecasts for sales it would be the same thing.
 
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