ELM will have $8,727,000 at 30/9/12, according to their forecast in the last quarterly report
imo, this is enough to complete an Indicated JORC for Dougou
hopefully, the pre-feasibility study will be released next week
ELM are planning to have a JV partner pay for the completion of the Bankable Feasibility Study
therefore, ELM have no plans to raise cash in the near term, i.e., dependent on securing a JV partner
ELM will have $8,727,000 at 30/9/12, according to their forecast...
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