I must admire your dedication to the cause.
Interested in your source for the 8-10 year mine life as I was of the understanding it had 3-4 years remaining. Although with a $30m per annum exploration budget (which further illustrates the region is viable) it could well be extended yet.
Your estimates on the trucking altered 3 times in a day to exacerbate your point. The best reference we have is the annual report which covers the initial shipment.
I reiterate the grades WW achieved on recommencing was less than ours, ie. in the high 20s to low 30s ((certainly not close to 40%) as they identified new markets, which further supports the E25 statement "Medium grade manganese market is the fastest growing section of the manganese market".
While I acknowledge the factors you have outlined means the 40-60% EBIT margins ConsMin attained in recent years are likely out of reach for E25. However,, it's disingenuous of you to claim this project is "a great way to lose money".
- Forums
- ASX - By Stock
- Ann: Revised Shipping Strategy Yields Substantial Cost Reduction
I must admire your dedication to the cause.Interested in your...
-
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add E25 (ASX) to my watchlist
(20min delay)
|
|||||
Last
35.0¢ |
Change
-0.015(4.11%) |
Mkt cap ! $76.96M |
Open | High | Low | Value | Volume |
36.5¢ | 39.0¢ | 34.5¢ | $516.1K | 1.392M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 40441 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 40441 | 0.350 |
7 | 55034 | 0.345 |
10 | 100597 | 0.340 |
4 | 111747 | 0.335 |
8 | 154848 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 50000 | 1 |
0.370 | 17000 | 2 |
0.375 | 20862 | 2 |
0.380 | 18333 | 2 |
0.385 | 58617 | 4 |
Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
Featured News
E25 (ASX) Chart |