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3.03%

34.0¢ element 25 limited

Peel mining,pilbara minerals,excelsior gold,legend...

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silverlake

1,085 Posts.

115

17/01/16

04:02

Post #: 16811017
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Originally posted by Von Rico ↑

Good well balanced post. MZM is by no means a dead duck as the buy line would indicate. Management might need to learn a thing or two about PR and communication, however they are getting good first pass results in the hottest gold province in Australia right now, immediately adjacent to Australia's largest undeveloped gold resource with billions of dollars of gold in ground. All at a time when the AUS gold price is around 10% below its all time high and set to spike and such a great hedge to the current general market downside.

They have other very good leases including Frasers, more than $8m cash and shares, they have a low cap, only about 70m shares on issue and cash backing alone is about $0.14 per share or thereabouts. Can't be that bad ... the buy line and price is ridiculous really and gotta hold at these prices. I challenge anyone to come up with a better valued gold explorer if thay can.

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Peel mining,pilbara minerals,excelsior gold,legend mining,lodestar,Sheffield,geopacific,tiger resources,St George. Don't forget my commission.

MZM Price at posting: 23.0¢ Sentiment: Hold Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last 34.0¢		Change 0.010(3.03%)		Mkt cap ! $75.86M

Open	High	Low	Value	Volume
33.0¢	35.0¢	33.0¢	$81.02K	237.7K

Buyers (Bids)

No.	Vol.	Price($)
4	55395	33.5¢

Sellers (Offers)

Price($)	Vol.	No.
34.0¢	51104	2

View Market Depth

No.	Vol.	Price($)
4	55395	0.335
6	104831	0.330
4	34519	0.320
3	97903	0.310
7	68832	0.305

Price($)	Vol.	No.
0.340	51104	2
0.345	85573	2
0.350	31771	4
0.355	29470	2
0.360	46098	4

Last trade - 11.10am 30/09/2024 (20 minute delay)

E25 (ASX) Chart