E25 0.00% 20.5¢ element 25 limited

"If you want to do cheap bashing again, please do it more...

  1. 989 Posts.
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    "If you want to do cheap bashing again, please do it more professionally and not like an amateur!"

    I think such remarks should be directed at the E25 management who seemed to have made a complete hash of the ore business.

    2 years ago posters on here where singing their praises and they could do no wrong, the same posters are ragging them now.

    The c1 costs expected prior to production starting looked very promising but reality is far from those costs and the ore price is going down again. They are bleeding money and current losses look like $20m per year.

    Those still holding who have watched the sp slide from almost $3 must be kicking themselves.

    If they dont halt the slide I can see this being bought out at a sorry price.

    I might buy back in if it gets in the low 40's again.

    Nice presentation but it is jam tomorrow, they need to fix today's problems IMO
 
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