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
25.5¢ |
Change
-0.020(7.27%) |
Mkt cap ! $55.47M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 25.5¢ | $82.05K | 317.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 114299 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 59106 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
25.8¢ |
Change
-0.020 ( 3.52 %) |
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| Open | High | Low | Volume | ||
| 26.5¢ | 27.0¢ | 25.5¢ | 90729 | ||
| Last updated 15.40pm 14/06/2024 ? | |||||
| E25 (ASX) Chart |