E25 0.00% 29.0¢ element 25 limited

I'm 100% with you on this one, this project has all the right...

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  1. 68 Posts.
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    I'm 100% with you on this one, this project has all the right attention and support from the right stakeholders. All we have to do is wait. I have been holding for 8 years and don't plan on selling a single share until we are much closer to NPV of the Louisiana project.

    My main concern is still the integrity and competence of management, though. I remember before all the problems with Butcherbird came out, management did an amazing job of getting the project off the ground, but were hopeless at actually running the show and really not transparent about any failures either. I can see the same strengths of management shining through now, again managing to get the Louisiana project off the ground so far with minimal dilution, and the US grant is nothing short of incredible. But I have no faith in management letting us know if anything is going off track, and no faith in them actually operating the plant. What I would like to see is some kind of transition plan for JB to step aside (or move into some business development role e.g. focus on Lake Johnston) once the plant transitions into operation. Lack of trust in management still seems to be having a terrible effect on the share price, I could be wrong, but I can't see any other reason (other than stale holders exiting) why it's still so low and it's the main problem I have with the company myself.
 
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29.0¢ 29.5¢ 29.0¢ $6.563K 22.63K

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1 1136 29.0¢
 

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30.0¢ 34203 2
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Last trade - 15.56pm 01/11/2024 (20 minute delay) ?
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