E25
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0.00% 31.5¢ element 25 limited

Ann: Half Year Accounts, page-4

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  1. RcR
    146 Posts.
    lightbulb Created with Sketch. 9
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    15/03/22
    20:39
    Post #: 60210213
    Around $28m in the bank, and $3.5m in ore serves sitting there, which I assume can be easily disposed of.

    Even so, it will only take a few quarters to burn through the ~$30m without improvement. They've got a lot of optimising to do, by the sound of it.

    Unclear to me how the market might react, given the significant selldown of late.
    Last edited by RcR: 15/03/22
    E25 Price at posting: 80.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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