E25 5.77% 24.5¢ element 25 limited

Not surprising given supply issues. Plenty of run room left imo....

  1. 2,701 Posts.
    lightbulb Created with Sketch. 914
    Not surprising given supply issues. Plenty of run room left imo. Received the below from Justin re.Manganese pricing...he raises a fair point/factor.

    RE Manganese prices: This is a very interesting time. The South 32 incident at Groote Eylandt resulted in what appears to be serious damage to the loading docks and main ore haul road so that likely means that the mine will be out of commission for some time. I believe Macquarie is forecasting over $100M in repairs and 6 months of disruption. Groote Eylandt is a nominal 5Mt pe year producer of high grade manganese so this is not trivial. As the Chinese economy recovers, I think fundamentals look robust and higher prices should follow.

 
watchlist Created with Sketch. Add E25 (ASX) to my watchlist
(20min delay)
Last
24.5¢
Change
-0.015(5.77%)
Mkt cap ! $53.29M
Open High Low Value Volume
24.5¢ 25.5¢ 24.5¢ $23.36K 94.84K

Buyers (Bids)

No. Vol. Price($)
2 50867 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.5¢ 8800 1
View Market Depth
Last trade - 16.10pm 30/04/2024 (20 minute delay) ?
Last
24.5¢
  Change
-0.015 ( 3.92 %)
Open High Low Volume
24.5¢ 25.0¢ 24.5¢ 35199
Last updated 14.15pm 30/04/2024 ?
E25 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.