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".
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Last
22.0¢ |
Change
-0.015(6.38%) |
Mkt cap ! $48.38M |
Open | High | Low | Value | Volume |
25.0¢ | 25.0¢ | 22.0¢ | $14.61K | 62.52K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 589 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 589 | 0.220 |
1 | 39387 | 0.215 |
4 | 209139 | 0.210 |
2 | 35000 | 0.205 |
9 | 463504 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 30000 | 1 |
0.245 | 26613 | 1 |
0.250 | 24081 | 3 |
0.260 | 19607 | 1 |
0.265 | 21010 | 2 |
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