I understand your optimism, though there is plenty of resources of many types buried underneath the grounds surface anywhere. Though unless there is finance to extract it with in a targeted budget, towards enabling a profit, then it doesn't mean a thing. 5EA will struggle to attract financing if their present financial structure is shaky.. We need clarity of operating expenses for the next 12 months, aligned with a strategy of how in parallel they plan to attract funding for stage 2 & importantly stage 3. Until they have muscled up production, created the extensive facilities, giving us clear cost, no one will understand this project.
The Lithium angle also concerns me, as when they announced the strategy, it seemed like they thought Boron was now boring and wanted to step into the Sexy Lithium sphere, towards attracting the excited retail investor funds. Though as we know most lithium stocks have been absolutely belted, electrical vehicle take up has plateaued (some early adopters I personally know, having tried it have switched back to ICE).
We just need some clarity from management, step by step in a single page would do a lot to pacify retail investors..
- Forums
- ASX - By Stock
- Ann: 5EA Extends Standstill
I understand your optimism, though there is plenty of resources...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
BM8
Learn of the ASX-listed company that is well-placed to respond to the future global energy demand
NEWS
Deep drilling at Mulga Bill confirms gold to 500m depth, indicating further exploration potential
Add 5EA (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.30M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5989 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.4¢ | 19999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5989 | 0.093 |
1 | 3000 | 0.090 |
1 | 19122 | 0.089 |
1 | 11374 | 0.088 |
2 | 79500 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 19999 | 1 |
0.095 | 1470 | 1 |
0.097 | 18773 | 1 |
0.098 | 7000 | 1 |
0.099 | 19122 | 1 |
Last trade - 07.00am 17/10/2024 (20 minute delay) ? |
Featured News
5EA (ASX) Chart |
Day chart unavailable
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online