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2.08%

9.4¢ 5e advanced materials inc.

Ann: 5EA Extends Standstill, page-6

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grindstone cowboy

21,682 Posts.

150

06/12/23

10:42

Post #: 71297114
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Originally posted by Roar987: ↑

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..

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they thought with lithium they cant lose

5EA Price at posting: 31.0¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 9.4¢		Change -0.002(2.08%)		Mkt cap ! $31.30M

Open	High	Low	Value	Volume
9.4¢	9.4¢	9.4¢	$8.086K	86.02K

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	10000	0.089
1	11374	0.088
2	79500	0.087

Price($)	Vol.	No.
0.094	19999	1
0.095	1470	1
0.098	7000	1
0.105	42689	2
0.110	14811	1

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