ELE 0.00% 0.5¢ elmore ltd

why we are in nsl

  1. 7,588 Posts.
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    Hey guys, just a little reminder of why we are still here.

    A) indian iron ore

    B) aggressive approach into market with merging companies

    C) excess of 25M+ cash with no debt (TBC)

    D) view of aquiring projecs to expand business in IO in india

    E) focus to be a important player in IO in india

    F) infrastructure in place with iron ore hills

    E) one project to be underway (IOH), with a option of aquiring another (mather mine)

    F) locality of mather mine, in highly prospective area that contains magnetite and hematite

    G) cheaper in labour compared to ausralia, use of equipment, transport, set up.

    H) IO can be used domestically, as India is a growing country in need for Iron that wil increase demand over the years

    I) Beneficiation plant set up and running cost to be dramatically cheaper hence increase per tonne IO profit

    J) strategic position in place with informing the market they are on the move, keeping the market informed with their opertations, that they mean business, and want to strive to achieve their goals from being a successful explorer to a producing company in a hot commodity.

 
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