Agree with Hoodle. I have raised my 4 year target price to between $25 and $40. The demand for manganese use in batteries will outstrip supply and E25 will be the lowest cost producer with rising prices going forwards.
The terms they negotiated for payment of concentrate delivered to port are unbelievable. How these guys pulled that off I will never know. ACE management - they deserve some options in this years Christmas Stockings.
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33.0¢ |
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4 | 134999 | 0.310 |
8 | 138832 | 0.305 |
11 | 222799 | 0.300 |
1 | 250000 | 0.290 |
Price($) | Vol. | No. |
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0.330 | 15734 | 1 |
0.340 | 54303 | 2 |
0.345 | 24000 | 2 |
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