ELE 0.00% 6.9¢ elmore ltd

should go up big time

  1. 2,433 Posts.
    the speculation before announcement that came in friday.
    Now with announcement , NSL has entered unconditionally, which means to me that they are confidant. which will mean market will be more confidant, and see this stock at a cheap / undervalued price right now.
    leading up to the geologist report in 2 weeks time, we are only going to see this stock starting to move upward in value, as currently it is only 10m market cap, still very cheap.
    im not 100% sure what value to expect after the gologist report if it is good... but jeez even at 10c sp the market cap would be round about 30M.

 
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