Just listened to the 5EA webinar this morning key points -the resource is based on historical information only atm hence the reclassification of the JoRc resource size “no new resource validation” how the f* they got this far is anyone’s guess??-they are committed to converting the inferred resources to indicated and expanding the resource footprint but no explanation on how they are going to fund this ?-they now have 32 million in cash and must maintain 10million or risk going into default -they say they have curbed there cash spend although they don’t stipulate how and concede that the capex is “mostly” completed , and obviously they need to spend to resolve the resource ??-they list a whole bunch of avenues to further funding but conceded in Q&A that DOE-LPO is their primary focus for the foreseeable future this explains the time line . -the EPA certification is an ongoing process and basically centres around whether they have ticked all the ESG boxes and whether their previous statements are true and correct I believe this is why the resource was recalculated.-She didn’t speak openly well or confidently and virtually was reduced to begging existing shareholders for more faith , IMHO the optics on this alone aren’t good .All in All very few real answers and the ones that were only reaffirm the companies poor position , so if this doesn’t tank I’d be happy to concede I got it wrong , but atm watch the fireworks IMHO ! GLTAH TT
- Forums
- ASX - By Stock
- Ann: 5EA to Host Special Call for Investors
Just listened to the 5EA webinar this morning key points -the...
-
- There are more pages in this discussion • 15 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
Add 5EA (ASX) to my watchlist
(20min delay)
|
|||||
Last
21.0¢ |
Change
-0.050(19.2%) |
Mkt cap ! $70.04M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 21.0¢ | $217.1K | 1.002M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9756 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 53257 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9756 | 0.205 |
6 | 209925 | 0.200 |
1 | 50000 | 0.195 |
1 | 5000 | 0.190 |
1 | 2702 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 53257 | 3 |
0.230 | 104000 | 2 |
0.240 | 10000 | 1 |
0.245 | 17274 | 2 |
0.250 | 32000 | 1 |
Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
|
|||||
Last
21.0¢ |
  |
Change
-0.050 ( 17.7 %) |
|||
Open | High | Low | Volume | ||
22.5¢ | 22.5¢ | 21.0¢ | 113348 | ||
Last updated 15.31pm 30/05/2024 ? |
Featured News
5EA (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online