Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Anyone still following this ticker? I have just a small position here. ELTLF
Jervois halted there stock, hmmm
http://www.asx.com.au/asx/share-price-research/company/JRV
Jervois mining (JRV) just put down 2 mill on eltlf, JRV:au is trading at 6 cents
31 January 2017
Appointment of Chris Creagh as CEO
Highlights:
Mr Chris Creagh appointed as Full Time Chief Executive Officer
Mr Creagh has been promoted from the Operations Manager role. In this role Chris has developed a deep technical understanding of the entire Cleveland Project and built an excellent working rapport with the Elementos Board.
Mr Creagh has significant relevant experience and expertise in tin geology and tin processing, including a previous senior role at the Renison Bell tin mine in Tasmania
Mr Creagh’s short-term focus is on delivering the drilling program to target extensions of open-cut resources
Elementos Limited (ASX: ELT) (“Elementos” or the “Company”) is pleased to announce the appointment of Mr Chris Creagh as Chief Executive Officer of Elementos Limited. Mr Creagh has been Operations Manager of Elementos for the past five months and has successfully accelerated the expansion and development of the Cleveland tin project. The way Chris has approached the operations role gives the Board full confidence that he will succeed in a broader company Executive role.
ELT is on the move again, they will have the results of the mag. reson. next month.
http://www.asx.com.au/asx/share-price-research/company/ELT
November 2016 Presentation
http://elementos.com.au/wp/wp-content/uploads/2015/02/2016.11.02-ELT-ASX-Investor-Presentation.pdf
26 October 2016
PLACEMENT
Elementos Limited is pleased to announce that it has completed a private placement to sophisticated investors raising $450,000 before costs (Placement).
Under the terms of the Placement, a total of 81,818,182 of new shares will be issued at 0.55 cents per share in the Company.
The Company plans to use the funds raised from the Private Placement as follows:
undertake line cutting, magnetic survey and drilling on the (Cleveland) Open Pit Resource Development;
undertake further metallurgical test work aimed at increasing recoveries from the proposed mining and processing operations at Cleveland;
provide working capital; and
for corporate costs and the costs of the Private Placement.
29 August 2016
ELEMENTOS AND THAISARCO SIGN OFFTAKE
MEMORANDUM OF UNDERSTANDING
HIGHLIGHTS
? Strategic alliance established with Thailand Smelting and Refining Company
for future supply of tin concentrates from the Cleveland project.
? The MOU contemplates Thaisarco purchasing at least 100 tonnes per month
of tin concentrate.
? Attractive market related MOU smelter terms.
Elementos Limited (ASX: ELT) (“Elementos” or the “Company”) is pleased to announce the
signing of a Non-Binding Memorandum of Understanding (“MOU”) with Thailand Smelting
and Refining Company (“Thaisarco”).
The MOU is for Thaisarco to purchase a minimum of 100 tonnes per month of a 55% tin
concentrate from the Cleveland tin project. This supply of concentrate to Thaisarco is
planned to occur as soon as production at Cleveland commences. Elementos and
Thaisarco intend establishing a formal offtake agreement as part of the on-going
development activities and strategy of advancing Cleveland towards production.
Thaisarco is recognised worldwide as an industry leader in the manufacture of tin, tin alloys
and tin-related, added value products. From its LME registered Thaisarco and Phuket brands
of pure tin to specialty alloys, solders, powders and extruded products, Thaisarco specialises
in solutions tailored to meet its customers' needs. Thaisarco was founded in 1963 and based
in Phuket, Thailand.
Elementos Executive Director, Mr Christopher Dunks said, “The signing of the MOU for the
sale of tin concentrates from the Cleveland project is a milestone event for the Company
in transitioning from developer to producer. We are extremely pleased to formalise a
strategic relationship with Thaisarco given their expertise and international business standing
in the global tin industry.”
Thaisarco is managed and operated by its majority shareholder Amalgamated Metal
Corporation PLC (AMC) of the UK. AMC is an international group which trades,
manufactures and distributes non-ferrous metals and metal based products for industrial
applications. Mr. Andrew King, Group Business Development Director at AMC said “AMC
and Thaisarco evaluate most planned tin projects and we are excited to be working with
Elementos to assist in the development of a low sovereign risk, long mine life project like
24 August 2016
Appointment of Cleveland Operations Manager
Elementos Limited (ASX: ELT) (“Elementos” or the “Company”) is pleased to announce the appointment of Mr Chris Creagh as Cleveland Operations Manager to accelerate the development of the Cleveland tin project towards production. Mr. Creagh is currently an independent consultant, with clients including Orocobre Limited, the successful Australian-based Lithium production company.
Please click the link below to view the full announcement:
Appointment of Cleveland Operations Manager
7 July 2016
COMPANY UPDATE AND MANAGEMENT CHANGES
Elementos Limited (ASX: ELT) (“Elementos” or the “Company”) has been actively progressing
the Cleveland tin and tungsten project in Tasmania towards development. The Company’s
objective is to move quickly towards production and cash flow, through a low-capital,
staged development strategy, with the lowest possible dilution of shareholders.
The Cleveland environmental permitting process and Mining license application are
progressing towards completion. A number of initiatives for reducing the initial capital cost
of the tailings retreatment project are being assessed. This includes moving the Tailings
Storage Facility (TSF) to a new location. A Scoping Study on the conceptual plan is nearing
completion and has indicated a meaningful capital cost saving is achievable.
Since the completion of a positive Pre-Feasibility and two Scoping Studies on the Cleveland
assets during 2015, the resource equity and commodity markets have been depressed,
creating a difficult environment for raising new equity capital. As a consequence, the
Company believed the appropriate development strategy for Cleveland was to secure a
funding and/or off-take partner for the project, and avoid a high level of shareholder
dilution whilst the shares traded at low prices. The Company is continuing to advance its
strategic off-take and partnering process, and a number of companies are undertaking
due diligence and/or site visits.
Given the protracted negotiations of the partnering process, the Company believes it is
prudent it continues to maintain a very low-cost corporate overhead and preserve its cash
resources. As such, the Company has accepted the resignation of Chief Executive Officer,
Tim McManus. The Company thanks Mr McManus for his effort in progressing Cleveland to
an advanced stage; which has included completion of a Pre-Feasibility Study, Scoping
studies and an advanced stage of permitting. Non-Executive Director, Chris Dunks, will
continue the permitting and partnering process in an Executive Director capacity.
Despite the on-going difficult operating environment, the Company is encouraged by the
recent increase in the LME tin price from US$13,810 in January 2016 a recent high of
US$18,145 per tonne a 31% increase. The Company is also encouraged by the recent
increase in equity capital raisings in the junior resources sector. The combination of
improved prices and market sentiment will hopefully result in attracting a development
partner for the Cleveland project.
Tin is also increasingly becoming a focus in the rapidly growing speciality metals sector,
including battery technology. These new technologies are increasing the number of
demand applications for tin metal which is increasingly under supply pressure due to the
lack of new project developments. The Company has posted on its website an International
Tin Research Institute (ITRI) Tin Technology presentation presented at PDAC for your perusal.
http://elementos.com.au/wp/wp-content/uploads/2015/11/MediaJul16_PDAC_ITRI-presentation.pdf.
Nice. up 50% today.
Out of this Pete, but thanks.
Hope all is well with you brother!
5 November 2015
STATEMENT FROM THE CHAIRMAN
Dear shareholder,
You will, by now, have seen the statement last week announcing my election as non-
Executive Director and appointment as Chairman of our company. And yesterday, you
would have seen the announcement of Chris Dunks’ election as a non-executive Director.
I have been a major shareholder in Elementos for a long time (as has Chris) and am
currently the Company’s largest shareholder with a 21.4% stake. Given my recent
retirement after 35 years in a senior executive role with the globally respected
engineering, construction, and project management group, Bechtel, I now have the
availability and experience to be more closely engaged in the affairs of Elementos.
Becoming a Director and Chairman allows me to do that.
I am both excited and enthusiastic about the journey in front of us. I think Cleveland is of a
calibre and right commodity sector that will attract ongoing market interest as it
advances and I am committed to getting our Company into commercial mining
operations, and executing a strategy genuinely able to deliver value to shareholders.
Our primary focus will remain on the staged development of our Cleveland tin, copper
and tungsten project in northeast Tasmania; of getting to positive cash flow in the shortest
possible time; on working with our host-communities and other stakeholders in an open
and positive way for mutual advantage; and in engaging with appropriate industry
partners to move quickly to profitable operations.
I am excited about working with you, our shareholders – and with your Board and CEO,
Tim McManus, to deliver what would be the first new tin project in Australia for some years.
I commit to you that the Board, and I as Chairman, will continuously inform shareholders as
we go about this journey.
Sincerely,
Andy Greig
Chairman
Phone: +61 7 3221 7770
Email: admin@elementos.com
Please visit us at: www.elementos.com.au
Latest Corporate Presentation
http://www.asx.com.au/asxpdf/20151126/pdf/433b3v6l4l8jks.pdf
Only way to move this is. Buy some..
Commodities in a world of Hurt
http://leadership.ng/news/460455/jos-the-decline-of-tin-mining
Tax Refund for Cleveland Project
http://www.proactiveinvestors.com.au/companies/news/63083/elementos-banks-rd-tax-refund-progresses-cleveland-project-63083.html
LOL Elementos Ltd. (PC C (ELTLF)
0.003 ? -0.0015 (-33.33%)
Volume: 9,400 @ 2:40:11 PM ET
Bid Ask Day's Range
0.003 0.007 0.003 - 0.003
all the paper sold yet? falling faster from .05 to .000s in a just a few weeks?
any .05s left?
Exactly. Just a impatient seller this AM that brought it down. Ask is not budging.
exactly. I believe we move up higher. Just foolish person that sold today. It'll move back up with ease $ELTLF as you notice MMs wouldn't allow somebody to get filled at 0045 they bought the shares instead of letting the other retail guy have them. They loading for a reason imho.
Ask isn't budging or coming down so those holding at this point are holding tight.
Followers
|
3
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
262
|
Created
|
05/19/15
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |