Fair point regarding bauxite as a low value commodity, but I hope you understand the point of view i was trying to get across - sometime companies start so small that they don't earn enough to all the companies costs. They end up making small profits and never create real shareholder value. I can think of some small UG gold mines (Andy Well of DRM and Nicholson Mine in the NT of Pantoro's).
Interesting about the premium comment, as its only a 33% con. Anything closer to the 37% benchmark would be amazing.
Re: E25 Quarterly Report, page-16
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Last
33.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.67M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 31.0¢ | $236.8K | 727.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 21201 | 1 |
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| E25 (ASX) Chart |