I mean if two year ago someone had asked what the EL8 share...

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Johnyb888

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21/11/23

17:17

Post #: 71025822
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Originally posted by Johnyb888: ↑

The price action is that of a wet paper bag.... Its simply getting ridiculous. Massive jump in U price....ignored. Two substantial resources upgrades...ignored. Initial results on a couple of their biggest claims showing there is probably hundreds of millions of pounds on those claims....ignored. All sorts of problems with U start ups in the rest of the world (while EL8's deposits are straight forward to permit and mine)...ignored. Up-grade potential...ignored. More and more proof there is going to be a big increase in U demand and a large deficit for years, possibly a decade to come...ignored. Current spot price action which clearly illustrates what can (and almost certainly will) happen to the U price...ignored.

No EL8 is still being seen as a "shit co"... Boy is it going to be sweet when that perception will finally buckle under the mounting evidence to the contrary, but its taking its time!

And no...unfortunately they are no longer cashed up.

Starting to look like we might have to swallow one more dilutive CR before we finally and long overdue get going.

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I mean if two year ago someone had asked what the EL8 share price would be when U spot is above $80 and they increased their resource base by nearly 50M lbs on their highest grade Namibian deposit...Who would have thought it would be lower???!!

EL8 Price at posting: 51.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 24.5¢		Change 0.010(4.26%)		Mkt cap ! $96.40M

Open	High	Low	Value	Volume
24.0¢	25.5¢	23.5¢	$157.9K	641.2K

Buyers (Bids)

No.	Vol.	Price($)
9	18136	24.5¢

Sellers (Offers)

Price($)	Vol.	No.
25.0¢	36253	6

View Market Depth

No.	Vol.	Price($)
9	18136	0.245
9	151305	0.240
8	167238	0.235
7	80026	0.230
4	35536	0.225

Price($)	Vol.	No.
0.250	28253	5
0.255	89392	8
0.260	13538	2
0.265	35111	1
0.270	65615	2

Last trade - 13.04pm 30/07/2025 (20 minute delay)

EL8 (ASX) Chart

I mean if two year ago someone had asked what the EL8 share...

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I mean if two year ago someone had asked what the EL8 share...

Top Stories

Ionic Rare Earths falls -7% as momentum slips on vague production update

Oz core inflation at 2.7%; August cut odds still unclear; ASX200 rises

Neurizon inks $1.5M loan against R&D Tax Rebate

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Buyers (Bids)

Sellers (Offers)

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