By my calculations, E25 would be worth around $1 when finance was secured and around $2 when they announced their first quarter's production numbers. That is without the upside/s of increased production, EMM plant, further resource drilling etc. I'm happy to still buy at this price (trying to finesse it a bit by buying the dips this week but that didn't go so well). From what I can understand about the largest risk at present is market risk (i.e. entire market goes into a correction) in which case I would want to have some cash on hand and E25 would be at the top of my buying list.
Still a Buy?, page-11
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.18M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 232939 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 163508 | 2 |
View Market Depth
| Last trade - 09.55am 20/08/2024 (20 minute delay) ? |
| E25 (ASX) Chart |
Day chart unavailable