ENR encounter resources limited

Hey there Oldgold64. Nice to see someone paying attention. I...

  1. 487 Posts.
    lightbulb Created with Sketch. 832
    Hey there Oldgold64. Nice to see someone paying attention. I agree, the projects are great quality.

    Realistically, ENR need to put a drill hole through some economic mineralisation at one of these prospects to get things moving. The cash balance is down to $3m which is two quarters. I’m expecting a cap raise this quarter which will probably see more share price weakness in the short term.

    There is so much ground to test, so I hope directors are able to raise a decent sum to speed up the work programs. It seems that there is so much tenure that both cash and staff resources are strained.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
24.0¢
Change
-0.005(2.04%)
Mkt cap ! $119.7M
Open High Low Value Volume
24.5¢ 24.5¢ 22.5¢ $17.98K 76.77K

Buyers (Bids)

No. Vol. Price($)
4 21230 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 32400 3
View Market Depth
Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
ENR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.