Not sure bullmarket
A lot of variables to consider in your question
A lot would depend on the Mn price in the future
If it's still profitable I'd assume they can do both (steel & battery) and as you say, the resource is big enough to handle it
It would be a difficult business decision to shut down a project showing unprecedented IRR's of 350% ?
E25 also have off take agreements with OMH for 5 years so it would have to stay up for a minimum of that
They have spent money on CAPEX so would want to recoup that
(although that will be done in about 6 months time)
You would also have to ask questions about the ore grade
Maybe you can use the deeper stuff for HPM?
And if that's the case this truly is a monster project
Time will tell
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Last
29.5¢ |
Change
0.020(7.27%) |
Mkt cap ! $67.44M |
Open | High | Low | Value | Volume |
26.5¢ | 30.0¢ | 26.5¢ | $104.1K | 360.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20883 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 1214 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20883 | 0.295 |
1 | 21029 | 0.285 |
1 | 208700 | 0.280 |
1 | 2000 | 0.270 |
2 | 9198 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 1214 | 1 |
0.305 | 32786 | 1 |
0.310 | 32786 | 1 |
0.315 | 112247 | 4 |
0.320 | 133471 | 2 |
Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
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