The value for this stock is in the high purity MN space for EV and not too much on the MN ore as some short term investors are worried about. If covid hits too hard, they may slow down on the ore front and push the high purity Mn side of things and probably bring this forward. If they do that, the SP will fly and almost guranteed that they will get a JV with one vehicle producer. This then will make this company very big. Assuming they will build the plant for high purity Mn on site, the shipping and associated costs for the Mn ore will be almost zero. Can't wait to see the PFS figures.
Ann: AGM Presentation, page-10
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Last
32.5¢ |
Change
-0.015(4.41%) |
Mkt cap ! $71.47M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.3¢ | 32.0¢ | $137.4K | 418.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 103452 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 16985 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| E25 (ASX) Chart |