EMM 0.00% 0.7¢ electrometals technologies limited

having a great year

  1. 549 Posts.
    After last year's litany of missed opportunities, this year is shaping up to be fantastic for EMM .
    Last week my source claimed SALES had already reached $4.8M ($0.536M pcp) with the possiblity of two more orders before end of year.

    The first was for Macmin, who today announced purchasing a large unit from EMM worth $1.37M.

    This should put SALES over $6.0M for year.

    Regarding cash flow, better news, EMM should break even for the year, might even declare their maiden profit... But what is more exciting is that EMM Mangement believe they can for the first time make growth predictions.

    The second outstanding order is for the silver plant in Mexico. Mangement are very impressed but want a few more tests performed before finalizing purchase, which might be placed before the New Year.

    I have been topping up on lows and eagerly await announcements for the Mexican orders and the Final Report, which should be a winner.

    Note regarding Goldspring: It is an EMM unit which was moved because the stream simply did not contain the gold that Goldsprings expected. Spot on "Splain"

    Maybe the long wait is nearly over.
    Good luck to all who hold EMM
    R,
 
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