E25 2.04% 25.0¢ element 25 limited

Hey...we all know its peak hill but the discussion here is if...

  1. 173 Posts.
    Hey...we all know its peak hill but the discussion here is if you got manganese popping out of your backyard in your house, will it take you such a long time to discover it and then post it on ASX? The main sole purpose is peak hill, this however does not seem to be in the prospectus when they 1st listed on ASX. In fact we were told its mian focus is on copper which till now has no news except a waiting game for the drill rig. Breaking of words perhaps? Acquiring of peak hill is a good excuse of the raising of funds in a short period, but now the extra funding of $3M. Thats is a lot of money and at no good reason this time. The sopisticated investor once they got the cheap share will dump the shares around $0.25 making it even harder for smaller investors who literally was ask to "get stuff" when raising the fund this time. From the way the people post in MZM, its not hard to even suspect its the work of the company who is doing the under writing. They hope to pump up good things in MZM so it will make the share look attractive but i think people should get the facts right and look at things from different views. Despite all the bad news, the good things about MZM is the grade and area which in some ways has an advantage over average junior mining company.
 
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25.0¢
Change
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Mkt cap ! $54.38M
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24.5¢ 25.0¢ 24.5¢ $37.77K 151.8K

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No. Vol. Price($)
1 14600 24.5¢
 

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Price($) Vol. No.
25.5¢ 17513 4
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Last trade - 15.38pm 19/06/2024 (20 minute delay) ?
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