Australia's largest stock trading and investment forum Australia's #1 stock forum

E25

Click for more information

18.2%

26.0¢ element 25 limited

Any one been offered the cap raise by any broker yet?

First 3 Last

Share
Profile

Follow
johnrap

1,508 Posts.

87

02/07/20

14:37

Post #: 45600705
Share

Originally posted by phw ↑

Great article.

With all of talk surrounding the trading halt, cap raise, SPP, what price, who to etc etc, we shouldn't overlook the significance of today's High Grade Mn announcement.

As the article states, the new findings of Mn values up to 42.3% (from surface, low impurities) "mean the Coodamudgi resource can potentially deliver a concentrate grade which is much higher then the grades used in the PFS"

So, it's possible, that this could increase grade from current 33% to 34% or 35% or even higher?

Adding more profit per year to the company than it is already expected to make?
So instead of making $32m a year in profit, it may increase to $34m a year or $36m a year etc etc.
NPV goes up.
IRR goes up.
Share price goes up.

The fact this project sits in West Oz makes it even more valuable.
No need for international travel to Africa or Asia etc etc.
Production forecast for 1st qtr 2021.

Expand

Any one been offered the cap raise by any broker yet?

E25 Price at posting: 48.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 3 Last

Add E25 (ASX) to my watchlist

(20min delay)
Last 26.0¢		Change 0.040(18.2%)		Mkt cap ! $56.55M

Open	High	Low	Value	Volume
22.5¢	26.0¢	22.5¢	$41.45K	169.4K

Buyers (Bids)

No.	Vol.	Price($)
1	63270	25.0¢

Sellers (Offers)

Price($)	Vol.	No.
26.0¢	9841	1

View Market Depth

No.	Vol.	Price($)
1	63270	0.250
1	41666	0.240
1	127846	0.235
1	500	0.225
7	124044	0.210

Price($)	Vol.	No.
0.260	9841	1
0.280	13688	1
0.295	57500	2
0.300	7831	2
0.330	20000	1

Last trade - 16.10pm 24/04/2024 (20 minute delay)


Last 25.0¢			Change 0.040 ( 13.6 %)
Open	High		Low	Volume
22.5¢	25.0¢		22.5¢	36644
Last updated 15.57pm 24/04/2024 ?

E25 (ASX) Chart