I like your enthusiasm but 5EA is at least a year away from being a $1 company again, unless the lawsuit gets resolved in serious favor of 5EA.
The reasons for this are mainly related to the fact that engineering definition of the future stages is not even at PFS level (this will cost serious bank and probably be the driving explanation behind the next capital raise) and that it will take some time for binding offtakes to be signed which will inherently delay any FID.
I agree its game on when mining commences but don't be upset when it pushes the company back to 60c and not $1.60.
Ann: 5EA Commences Step Rate Testing, page-6
Add 5EA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.5¢ |
Change
0.015(7.14%) |
Mkt cap ! $75.05M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $80.77K | 370.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 4000 | 1 |
View Market Depth
| Last trade - 15.59pm 31/05/2024 (20 minute delay) ? |
|
|||||
|
Last
22.5¢ |
Change
0.015 ( 7.14 %) |
||||
| Open | High | Low | Volume | ||
| 21.5¢ | 22.5¢ | 21.5¢ | 83525 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| 5EA (ASX) Chart |