ETM 4.55% 2.1¢ energy transition minerals ltd

sell outs, page-3

  1. 9,286 Posts.
    My opinion is no-one can claim this share is compelling value without providing some justification.

    Example, LYC forecasts producing REE at US$6kg and the current market price of REE is $10kg and recent highs were $14kg.

    Now LYC REE is grade 14% max were GGG is 1.3%.

    What technology does it need to process the REE? Surely, it is not the same plant as the uranium.

    Thus the REE here is tenous and requires some strong technical rational.

    Based on uranium alone, most shares follow EPS rather than mine life or pounds in the ground.

    GGG currently has 400M share & oppies and it is doubtful mining capacity could be more than 8mtpa or 5.8M lbs of uranium at 90% recovery.

 
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Last
2.1¢
Change
-0.001(4.55%)
Mkt cap ! $29.49M
Open High Low Value Volume
2.2¢ 2.4¢ 2.1¢ $43.53K 1.969M

Buyers (Bids)

No. Vol. Price($)
3 1968203 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 1844103 5
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Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
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