EEL 0.00% 0.2¢ enrg elements ltd

Ann: Board and management changes, page-23

  1. 3,051 Posts.
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    Like what exactly? I’d rather them preserve cash and spend it on exploration at this stage rather than marketing. They need something more tangible to excite the market rather than riding others coattails.

    There’s a few catalysts here.. Cu breaking out (could do at US/China deal or supply disruptions), exploration success with the drillbit, MOD having exploration success in T20, MOD takeover putting more attention on the area or even something like resolution of the Namibian disputed tenements. At $5m enterprise value I think there’s a much larger skew to the upside than there is downside.
    Last edited by Cashmeoutside: 15/04/19
 
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