E25 0.00% 21.0¢ element 25 limited

Thanks phw. So unrisked conservative valuation is $2.35 (target...

  1. 2,688 Posts.
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    Thanks phw. So unrisked conservative valuation is $2.35 (target March). Bullish scenario according to Euro is 40% on top of that, which should be $3.30. It makes sense as there seems to be consensus around here on a $3.50ish target upon commencement of the operations in a handful of weeks and having trucks "heding" towards Port Hedland confirming grading as expected.

    Bonus is that though forex is down 8% of estimates, Manganese Ore has gone up 15% since early December, so should more than offset the exchange risk.

    DYOR
    Last edited by PirataCzornomaz: 03/02/21
 
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