Dissapointing numbers, I would place more importance on this and management should be contracted because E25 business model relies on a cash flow positive ore business to pay for the expansions and especially the battery grade operation. If E25 is losing money for a year or barely breakeven and only starts brining in cash next year in 2022 that won't be enough to properly cover everything leading to more debt or dilution.
I always invest in stages so I have a small amount for now and might leave it at that until next quarters report comes out hopefully showing some cash flow positive action
Dissapointing numbers, I would place more importance on this and...
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20.0¢ |
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Mkt cap ! $43.98M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 20.0¢ | $14.57K | 70.18K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 47498 | 20.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 95554 | 1 |
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| E25 (ASX) Chart |