Plenty of Newsflow for E25 during the year.
A reminder this is a world class project with over $2B NPV. The High Purity Infrastructure will be in place earning revenue late 2024. Not long to wait and it will be timed perfectly with EV adoption globally.
The main risk I see is financing, the company has proven it can deal with setbacks. I thought the quarterly was impressive all things considered and expect cashflow breakeven to positive next quarter.
What other options will the big manufacturers go to buy green Manganese? Buying from China or African nations are a stretched bet when supply chains are under the microscope.
I like the risk vs reward.
Plenty of Newsflow for E25 during the year. A reminder this is a...
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.88M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 19.5¢ | $14.25K | 71.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14869 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 13000 | 1 |
View Market Depth
| Last trade - 15.58pm 13/09/2024 (20 minute delay) ? |
| E25 (ASX) Chart |