Recent newsletter from this company re-iterates my own bwlief that this company is about to reap the rewards of many years of develeopment. It has books many orders and sales of EMEW plants are escalating rapidly.
Current price 14.5c, projected cashflow and earnings positive this year. EPS approx 3c in 2003. Sales of plants to major mining companies, such as ASARCO, Smorgon, Titan, Phelps Dodge,MAcmin etc.
This looks like an emerging growth stock to me, i have been invested in them for 6 years. So i know what i am talking about. I have just doubled up my holdings, the price action seems to be stirring.
Check it out at www.electrometals.com.au
EMM Price at posting:
0.0¢ Sentiment: None Disclosure: Held