Edit..just did a quick DD on EV1...their project seems legit with offtake, strategic investors (BTR), metallurgy test and good economics (NPV at 700m A$ with modest cape at 170m A$). Seemingly they are about to get a FID at Q1-2025. Moreover the co has undertaken a 4m CR and has more than 3m in cash (no debt) and just 10m in mcap. Personally I believe that MVL should stick to this position.
Ann: Quarterly Activities and Cashflow Report - June 2024, page-6
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.501M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $37.03K | 3.459M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 568908 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1259332 | 2 |
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| Last trade - 14.33pm 04/11/2024 (20 minute delay) ? |
| MVL (ASX) Chart |