ELE 0.00% 6.9¢ elmore ltd

worth 15 to 20c

  1. 158 Posts.
    Based on this announcement the stock must now be substantially revalued. The unconditional agreement has confirmed all the terms of the contract - including that the company is sufficied that at least 200MT of iron ore exists. Remembering that at 3c the company had a tiny market cap of just over $7.5million which should now be significantly revalued. This is an amazing opportunity that should not be missed. I will be buying this up to 10-15c as this has now transformed itself to a potentially quality Iron Ore spec with a significant resource.
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