Most would be aware of how well battery leveraged and commodity stocks have been faring. Today was another sea of green but another flat day here. The longer the share price stays at these low levels the greater the chance E25 gets snapped up on the cheap. We have an ore price that is now almost $3.50 higher than what was forecasted in the PFS yet we are sitting at 12month lows.
This was supposed to be a simple mining extraction process but even after 9months we find ourselves asking more questions than we have answers to.
LTR made the decision to replace their managing director David Richards with Tony Ottaviano. David had tremendous success but was decided that a new direction was required into the future and since has been proven to be a masterstroke. Its one thing to be an explorer but requires totally different skills set to be an accomplished producer and bring offtakes to fruition.
Sometimes the hard questions need to be asked in order to get the right outcomes going forward. Happy for opinions to be shared here
E25 Price at posting:
89.0¢ Sentiment: Buy Disclosure: Held
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