Agree 100%, commentary provided this week and beyond is of absolute importance and potentially the driver for a reset of the share price.
The EV revolution is real and well underway. Hertz alone have committed to purchasing 100,000 Tesla vehicles in a single transaction. These car giants and their respective battery service providers will need to act quickly if they want to avoid an acute shortage of materials including EMM.
The supply constraints in the current new vehicle market is well known. Dig deeper and much of this comes down to right at the beginning of the supply chain ie. not enough magnesium.
The chances of securing a company making Take Off agreement with one of the many heavyweights in the EV market may well be sooner than later. EMM now fetching above US$6,800..something has to give
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.43M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.5¢ | $21.94K | 100.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2779 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 62609 | 2 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| E25 (ASX) Chart |