stock 2 watch!

EMM - One for the Watchlist:

* Made its first ever profit before depreciation and amortisation expense in the six months ended December 2002.

* Grew by over 375% in sales volume terms last year.

* Just completed approx $4m in capital raisings - a great vindication of the prospects of this company - considering its market cap of only approx $9m and the harsh investor climate for small caps.

* Big Brother Takes 20% stake - Comprehensive business alliance formed with the DeNora
Group. DeNora is best known as the world's leading producer of electrodes, and indeed it pioneered the development of Dimensionally Stable Anodes ("DSA's") which are the central component of most of the "EMEW" cells. It is a large, well-funded company with worldwide operations and facilities, which will now become available to Electrometals.

* Plus a lot more - trial by Smorgon Steel, etc....

All this info is in the links below.

Capital Raising:
http://www.electrometals.com.au/Announcements.html#27jun

Detailed Company Profile:
http://www.electrometals.com.au/CompanyProfile0503.html

CHAIRMAN'S ADDRESS - AGM:
http://www.electrometals.com.au/Announcements.html#28may

Good Investing,
Maverick