I'm not suggesting they should stop it forever, of course they will need to process Mn Ore to produce HPMSM, but what has the point of the last 12 months been if not to make a profit?
They are also cannibalising their own resources to make a loss - the good stuff too, easy to mine. It only gets harder, deeper, further away as you mine more. Maybe the resource is big enough for that not to be a concern but as I say, I think there's a lack of strategic direction with the current business which was never anything except bootstrapping for HPMSM.
Ann: HPMSM Feasibility Progressing on Schedule for 2022 Delivery, page-9
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add E25 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $48.94M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.0¢ | $35.07K | 155.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43257 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 2127 | 1 |
View Market Depth
| Last trade - 13.17pm 28/06/2024 (20 minute delay) ? |
| E25 (ASX) Chart |