re: Ann: Elemental Successfully Completes A$3...
from today's australian
meanwhile, in Africa, two potash hopefuls have picked themselves up, dusted themselves off, and started all over again. Elemental Metals (ELM) was knocked off balance by the failure of a Chinese takeover due to Hong Kong stock exchange problems. But it recently announced work was getting under way again at its Sintoukola project in Republic of Congo with drilling of the Dougou prospect targeting a huge amount of potash-bearing ore.
Now it has gained access to seismic data compiled at Sintoukola in the 1980s when it was being explored for oil but came up with potash results instead. ELM would be targeting Brazil as a main market.
K2P Price at posting:
23.5¢ Sentiment: LT Buy Disclosure: Held