It will rise quick when it does decide to move. Need some runs on the board no doubt. Secure this grant as advertised is a place to start. An expansion will see a far greater ROI, one that'll be able to see past cyclical ups and downs. Being a massive resource only adds to this equation. Manganese pricing trajectory all importantt. It's price appears to have bottomed with upward pressure.
Will they announce a third offtacker? US Gov to stump up has been alluded too re HPMSM? Many probables as always with E25. GM and Stellantis being partners was a great place to start although mkts were negative and have continued to ignore such partnerships even with $100m+ provided.
At days end, Butcherbird is a massive, truly generational resource as far as size/grade is concerned upto 100 years + is not an exaggeration...between HPMSM and ore, it appears Patience is the one final factor needed.
Still very few few shares on offer...small mkt cap considering.
Ann: E25 Progresses USA HPMSM Refinery Plans, page-12
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Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.82M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 27.5¢ | $23.90K | 85.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8368 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 11615 | 2 |
View Market Depth
| Last trade - 15.44pm 04/06/2024 (20 minute delay) ? |
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Last
27.5¢ |
Change
0.000 ( 1.79 %) |
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| Open | High | Low | Volume | ||
| 28.5¢ | 28.5¢ | 27.5¢ | 24328 | ||
| Last updated 11.55am 04/06/2024 ? | |||||
| E25 (ASX) Chart |