E25 3.64% 26.5¢ element 25 limited

The Dawn of EV, page-1082

  1. 839 Posts.
    lightbulb Created with Sketch. 68
    That's my appeal towards this company. the risk is asymmetrical. Either they sell their massive resource for a price above the current sp to a giant looking for manganese exposure or they excel and turn this company into a multi billion dollar giant. either way, this sp won't go to zero. The scenario I fear the most will be management diluting the f* out the sp with endless cap raises if things go sour. given that they own a lot of shares. I see this as unlikely.
 
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