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An update from Elementos Limited ( (AU:ELT) ) is now available.
Elementos Limited has released a presentation concerning its Definitive Feasibility Study (DFS) for the Oropesa Tin Project, which assesses the technical and economic viability of the project. The study, completed to a high level of accuracy, indicates a capital cost of €149 million for the project. The company plans to seek third-party partnerships or other strategies to secure necessary funding, which may affect shareholder interests and project ownership. The announcement underscores the potential impact on Elementos’ operations and market positioning, although it also highlights inherent risks and uncertainties associated with the project’s future outcomes.
The most recent analyst rating on (AU:ELT) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Elementos Limited stock, see the AU:ELT Stock Forecast page.
More about Elementos Limited
Elementos Limited is a company operating in the mining industry, focusing primarily on the extraction and supply of tin. The company is involved in the development of the Oropesa Tin Project, which aims to become a significant source of tin supply in Europe.
Average Trading Volume: 296,812
Technical Sentiment Signal: Buy
Current Market Cap: A$96.08M
For a thorough assessment of ELT stock, go to TipRanks’ Stock Analysis page.