You would think they could just give regular updates and announcements on these assets and could significantly enhance shareholder value.
With $4.3 million in company accounts and a market cap of $6.2 million, it appears that the market does not fully recognize the company's and management's potential, maybe justifiable if management are just using this company to pay themselves.
Updates on iron ore assets might attract more interest, especially given the recent decline in lithium prices. Communicating a focus on advancing this asset, along with a clear action plan, could generate increased interest and value for shareholders.
Lets hope this management can pull their finger out and play the game a little.
EFE Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
