For myself todays announcement was important.
One can be very confident but nothing beats a confirmation that a process actually works as expected.
So what now?
I expect a consolidation period with E 25 investors adjusting their holdings to a level they comfortable with.
As E25 gains further recognition with the larger institutions over time some of them will feel compelled to invest.
In some cases they will have to as E25 moves into the ASX indici. So on balance continued upward pressure on the share price.
Eventually a big move upward will come as the high grade Mn PFS gets closer and eventually confirms that E25 will become the lowest cost producer thanks to the CSIRO process.
A big red flag is a possible take over bid from the likes of BHP/IGO etc etc. This has become more likely now after this mornings announcement.
Personally i would hate to see E25 disappear in the anonimity of a big corporation.
cheers and best of luck to all
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Last
32.5¢ |
Change
-0.015(4.41%) |
Mkt cap ! $71.47M |
Open | High | Low | Value | Volume |
34.0¢ | 34.3¢ | 32.0¢ | $137.4K | 418.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 103452 | 32.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 16985 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 103452 | 0.325 |
2 | 33413 | 0.320 |
2 | 95238 | 0.315 |
4 | 56201 | 0.310 |
5 | 116527 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 16985 | 1 |
0.345 | 78985 | 3 |
0.350 | 120647 | 4 |
0.360 | 8000 | 1 |
0.365 | 100000 | 1 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
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