OUCH
E25 is losing $90 for every tonne it digs out. Current 44% Mn ore grade price is US$4.60/dmtu, E25 can only breakeven at US$6.60/dmtu ie loses US$2/dmtu or AUD$3/dmtu on every tonne.
At present OMH doesn't even want the E25 Mn ore as OMH is selling it in China, making more money selling E25 Mn ore.
Thats the reality.
Ann: Pause in Trading, page-20
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.08M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 20.5¢ | $3.847K | 18.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 47676 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 152276 | 3 |
View Market Depth
| Last trade - 14.18pm 05/07/2024 (20 minute delay) ? |
| E25 (ASX) Chart |