So once again E25 is in a holding limbo awaiting news and funds on both sides of the company. Which again is evident considering yesterday we hit out 52week low again.
Mining: Positive’s Butcherbird Expansion - Fully Permitted and approved.
Negatives Mining still on hold Expansion not fully funded Awaiting NAIF announcement? No clear idea of when things will be resolved
HPMS Positive's DOE grant Site approvals
Negatives Works yet to commence on site Not fully funded No clear idea of when it will be resolved
E25 is well and truly primed to start growing but both sides of the business are awaiting funding and announcements to proceed. We have been hearing for ages now that funding blah blah is just around the corner. But yet we are still here sitting at a market cap of 53m well below the face value for the grant we received from the DOE. If a big player was keen on getting a head start on the HPMS business it wouldn’t be a costly activity especially if they had the financial backing to do it and take over E25.
A lot of us have been long term holders and I know I’m just itching to see some proper concrete movement on both fronts.
When are we going to see some?
E25 Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held
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