I agree. It's what's missing which worries me. If you want to see how a Manganese producer with nothing to hide reports their results, I encourage you to look at Jupiter Mines (ASX:JMS) quarterly. I have requested this level of detail from E25 and received an unsatisfactory response.
I suspect E25's concentrate grade falls well short of the 30-35% they are targeting, hence the sales revenue they are receiving is underwhelming.
DMS (Dense Media Separation) is probably the answer but it represents a capital outlay they seemingly don't want to incur (at this stage).
Ann: Quarterly Appendix 5B Cash Flow Report, page-16
Add E25 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
27.5¢ |
Change
0.010(3.77%) |
Mkt cap ! $59.82M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.5¢ | 26.0¢ | $54.28K | 206.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 105282 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 68335 | 3 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
|
|||||
|
Last
27.5¢ |
Change
0.010 ( 5.77 %) |
||||
| Open | High | Low | Volume | ||
| 26.5¢ | 27.5¢ | 26.0¢ | 141904 | ||
| Last updated 15.53pm 13/06/2024 ? | |||||
| E25 (ASX) Chart |