E25 2.44% 21.0¢ element 25 limited

montezuma acquires iron ore rights., page-17

  1. 18,923 Posts.
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    I haven't spoken to management, but I expect we can forget about the placement at these prices (< 0.14)

    They have approx 1.6 in the bank, so can just go into low-power mode until the market comes to it's senses.

    There are a few companies with this issue at the moment, and some are sitting on 0 cash, and they just creep along until the market becomes interested again.
 
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