With the cash flow from concentrate sales and a much larger resource, E25 will require very little dilution to shareholders to produce metal or sulphate compared to EMN. Additionally, the scale of E25 will be larger, processing simpler and the lowest cost producer in the world .... and the only free world deposit on this side of the planet of any size. It will be the only sizeable alternative supplier to China which has over 90% of the metal market at the moment. Who do you think the Americans, Koreans and Japanese can rely on ?
This could still be a Disallowed from here over the next 3 - 4 years.
Next train station: "$3-City", page-123
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Last
24.5¢ |
Change
-0.020(7.55%) |
Mkt cap ! $53.87M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 21.5¢ | $18.94K | 82.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 58372 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 32000 | 1 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| E25 (ASX) Chart |