E25 element 25 limited

Ann: Quarterly Activities Report, page-25

  1. 292 Posts.
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    Dissapointing numbers, I would place more importance on this and management should be contracted because E25 business model relies on a cash flow positive ore business to pay for the expansions and especially the battery grade operation. If E25 is losing money for a year or barely breakeven and only starts brining in cash next year in 2022 that won't be enough to properly cover everything leading to more debt or dilution.

    I always invest in stages so I have a small amount for now and might leave it at that until next quarters report comes out hopefully showing some cash flow positive action
    Last edited by Hotcopiserror: 29/10/21
 
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