I just spent the last 2 days working on what Eli and the Portuguese deal could mean, right from the beginning of the cost of the inputs, and the costs of possible suppliers.
I'd say watch this space in 2024; this ELR could be a valuable business in a few ways, but NMT is adverse to funding CAPEX, so who knows,
Will the market react to news on this front, probably not, but 2 times 25,000 tpa plants in 2030 that ELR are planning is worth a lot of money depending on if they actually get the 6% brine, way too early to make any conclusion but I will be paying attention to this.
I just spent the last 2 days working on what Eli and the...
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Last
12.5¢ |
Change
0.015(13.6%) |
Mkt cap ! $77.85M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.0¢ | $166.7K | 1.402M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 93333 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 690216 | 10 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.015 ( 12.8 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 12.5¢ | 11.0¢ | 678113 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| NMT (ASX) Chart |