$EEL is an interesting proposition right now, at 0.4c MC is circa $4m, has been hit hard as is in Niger and needs cash but for $4m MC you get 21mlb of Uranium and Lithium potential + Copper/Silver in Botswana.
Could bounce very quickly if things settle in Niger - from some shallow reading it seems the Niger population want independence from France, among other things, to ensure a fairer share of their natural resources. Fair enough.
They will need foreign investment to do that so I expect with time the likes of EEL and GLO will find their value again. I hope managment tighten spending while we wait for an equilibrium to be found.
Im in today at 0.4c. Was hoping for 0.3c but I think that ship has sailed.
Could be a quick 1-2x
DYOR
Coup in Niger, page-15
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0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.135M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 15505733 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 11625425 | 23 |
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