I estimate the value on the future manganese metal/metal sulphide could be worth $7 - $12 a share. It would be the only large producer outside of China which controls over 95% of the market. This will be the free world's supplier. Add another $4 a share when they move production towards 1 Mt of concentrate a year. JB has mentioned expanding production of concentrate. For those who hold, this may be a 20 bagger from here. I'm up more than 3 times already after following this stock for 5 years.
Information Roundup for new investors, page-9
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.88M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 19.5¢ | $14.25K | 71.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14869 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 13000 | 1 |
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| Last trade - 15.58pm 13/09/2024 (20 minute delay) ? |
| E25 (ASX) Chart |