E25 2.17% 23.5¢ element 25 limited

Information Roundup for new investors

  1. 839 Posts.
    lightbulb Created with Sketch. 68
    Element 25 is a small cap mining company that has steadily been growing its share price. This is because the company has recently made plans to start up it's high value butcherbird mine. they have already ordered the necessary equipment and at the time of this post that order is still on the way. The company plans to start digging in Q1 calendar year 2021 and has already signed a 100% off-take agreement with ASX:OMH who owns shares in E25. Management are currently looking for other trading partners as well to diversify their partners. Justing Brown has already had meetings with trading partners in Japan who are interested in purchasing the product too. The Western Australian government has approved digging and the company's recent share purchase plan was over-subscribed by 100% reflecting investor confidence in the project. The only other large suppliers of manganese come from China and South Africa. both countries trading operations have been negatively affected from the covid 19 pandemic. since manganese is an generic commodity buyers are seeking a safe and reliable country to trade with. WA is ranked as the best mining jurisdiction globally. The final step for E25 pre-production is financing which management is currently seeking from a private or government department. Element 25 expects free cashflow of $32M PA in the first 5 years of production. with 110M shares outstanding the forward P/E ratio is 3.4. This number is extremely cheap for a company that has made clear of the fact they plan to reinvest free cashflows to buy more equipment and increase P/A earnings exponentially. They will be sitting on this mine for a while as it has a 100-year lifespan based off of current mining rates.

    apologies if this isn't put together in the most orderly fashion but i wanted to provide a rundown for anyone who's recently stumbled upon this. Cheers
    https://hotcopper.com.au/data/attachments/2445/2445656-ce2f4651ed421ada24b63a05794dd70a.jpg
 
watchlist Created with Sketch. Add E25 (ASX) to my watchlist
(20min delay)
Last
23.5¢
Change
0.005(2.17%)
Mkt cap ! $51.12M
Open High Low Value Volume
24.0¢ 24.0¢ 22.5¢ $9.248K 40.06K

Buyers (Bids)

No. Vol. Price($)
1 633 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 11999 1
View Market Depth
Last trade - 16.10pm 19/04/2024 (20 minute delay) ?
Last
23.0¢
  Change
0.005 ( 0.00 %)
Open High Low Volume
23.5¢ 24.0¢ 22.5¢ 24539
Last updated 15.58pm 19/04/2024 ?
E25 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.