E25 4.55% 23.0¢ element 25 limited

Ann: PFS Highlights Robust, Short Lead Time Start-up Opportunity, page-184

  1. phw
    611 Posts.
    lightbulb Created with Sketch. 733
    Element 25 isn't letting a 1,800 point fall in the Dow affect it!

    I was on the bid at 33c and 34c hoping for a few sneaky ones on the open.

    But no luck.
    Shows us how tight this is and how good the numbers were in the PFS.
    And that people are slowly accumulating this.

    And as I mentioned now a few weeks ago, we would expect a few catalysts for the next share price run:

    Research note?
    Mining licence?
    Offtake agreements?
    A debt facility (post ML)
    Capital raise (at premium I hope)
    SPP to all of us.
    Stage 2/year 2 production increase scenarios (which would further improve NPV and IRR)
    Industry player taking an interest as a bolt on to their current projects
    (names we have mentioned being Jupiter Mines, Mineral Resources, OM Holdings, S32 etc etc)
    (My pick is still Min Res)

    If Mn price stays steady, off takes are secured & ore sorter works efficiently, this company is getting taken out. (IMO)
    It's just a question of what price.
    (DYOR)
 
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Last
23.0¢
Change
0.010(4.55%)
Mkt cap ! $50.57M
Open High Low Value Volume
23.5¢ 23.5¢ 23.0¢ $34.76K 150.7K

Buyers (Bids)

No. Vol. Price($)
1 2303 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 22124 1
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