Hopefully there is light at the end of the tunnel. A positive and balanced call. Only concern is the following "we had cash and cash equivalents of approximately $20.3 million which we believe will not be sufficient to fund our operating expenses and capital requirements for one year after the date that the financial statements are issued." If 5EA do not get the SSBF up and running soon and prove the resource, I can see a company Like RIO look to purchase 5EA to supplement their US Borax Mine which has Ore reserves for production through at least 2050 and the 5EA resource could be purchased on the cheap to extend the production of Borates in the US. So funding will be critical once the SSBF is approved. Still a very exciting opportunity.
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Ann: 5EA - Form 10-K - Annual Results, page-3
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Last
9.4¢ |
Change
-0.004(4.08%) |
Mkt cap ! $31.21M |
Open | High | Low | Value | Volume |
9.1¢ | 9.5¢ | 9.1¢ | $9.584K | 103.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 8.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.7¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.088 |
2 | 56000 | 0.087 |
1 | 34895 | 0.086 |
1 | 5888 | 0.085 |
1 | 12000 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 50000 | 1 |
0.098 | 78175 | 1 |
0.099 | 5500 | 1 |
0.100 | 8000 | 2 |
0.110 | 7500 | 2 |
Last trade - 15.54pm 04/09/2024 (20 minute delay) ? |
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