Probably one of the better announcements from the company IMO.
An acknowledgement that Envirostream is not cash flow positive, and possible wont be until mid 2021.
An acknowledgement that a reduction in cobalt/lithium prices have had an impact.
An acknowledgement that battery collection has suffered. They are operating no where near their nameplate capacity.
Interesting that non-revenue generating activities are being reviewed. So drilling off the cards? I wonder if that also includes VSPC?
Good to see a reduction in OPEX
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Last
1.1¢ |
Change
-0.001(4.35%) |
Mkt cap ! $18.59M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.0¢ | $23.08K | 2.094M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16226 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6245854 | 19 |
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| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| LIT (ASX) Chart |