ENV 14.3% 1.2¢ enova mining limited

You did not even read anything that was posted, did you? You...

  1. 2,380 Posts.
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    You did not even read anything that was posted, did you? You didn't address one single item.

    First rule of HC: Don't listen to the guy calling out potential new investors on a thread.
    You should inform the pump squad on ENV of this rule.

    Any mining company doing exploration work, drilling, mets has risk associated.
    This is not what is being discussed. Exploration risks are not what is being discussed, we are discussing known drill data including Ce content and depth of economic TREO.

    Nearly all will go through rounds of financing including Capital Raises.
    Again, not what was discussed. ENV have explicitly stated they will raise capital for Brazil through the conversion of options (which will not happen now). They have recently raised money for Charley Creek. There is not enough money to fund 6000m AC drilling even with option conversion, disregarding the cost of drilling Pocos. This is hugely dilutive for a stock with this MC and potential holders need to be aware of this.

    Visit the Australian Government Critical Project Listing, the Flagship Charlie Creek project is listed and is deemed important for Australia.
    Disregarding the fact that we've been discussing CODA only, this is also meaningless as there are hundreds of projects on this list and many are not feasible.

    A price catalyst is due with the POCOS project and update for Charlie Creek.Again, not the topic of this conversation but you didn't respond to my comment that management can't even deliver on promised timelines for these.
    Last edited by mho25: 26/05/24
 
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