Multiple offtake deals will be signed ONCE a Coldry plant is approved for construction in Latrobe Valley - so I assume anytime after July.
The market will initially re-rate ECT upon confirmation of a Coldry plant being approved. I dont believe the Share Price will be 80c on the signing of this deal. Maybe 25c would be a realistic number. 80c+ will only be achieved with multiple offtake deals.
I anticipate that 80c+ will be achieved, but I doubt it will happen this year...next year appears more likely...but this will depend on the quality of the new board.
Still a bit more time to accumulate before the broader market realises the potential of this stock.
Multiple offtake deals will be signed ONCE a Coldry plant is...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.343M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1K | 500.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 31059092 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 13998593 | 32 |
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| Last trade - 12.18pm 02/10/2024 (20 minute delay) ? |
| ECT (ASX) Chart |