The upside potential from here is massive, one of the best performing commodities and prices holding firm, above $7 dmtu. Cost of freight has come off in a big way and we have a favourable exchange rate meaning more coin to be made from future exports. S32 and others reported record cash profits from their Manganese divisions.
I'm also a big believer of the HPMSM story. The macro factors for high purity Manganese Sulfate are much more compelling currently then when I first invested.
Share price however has gone from $2.92 to $0.67. Resource and it's potential are huge, question is do we have the right leadership to extract best value for shareholders.
99.95% High Purity Manganese, page-618
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.08M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 20.0¢ | $69.80K | 339.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 462169 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 18326 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| E25 (ASX) Chart |