E25 2.04% 24.0¢ element 25 limited

If you did a fair valuation on FDL, its current worth is around...

  1. 173 Posts.
    If you did a fair valuation on FDL, its current worth is around $0.075. Of course Its 20 major shareholders hold around 25% of the share unlike MZM which holds around 55%. I recon MZM is a ticking time bomb, i have seen a number of junior companies and this one is pretty good. Only thing i feel the company should be doing is to explore that copper area callawa. Reason being it got sample up to 19% and an average of 11%. This result is seriously way off the chart. Peak hill does look promising and it has high grade ranging around 150g/t AU. If they can get results consistently, a resource up to 1M ounce might be posssible. Also not forgetting that uranium J.V which so far has passing grade of 300ppm average. If this mine is feasible, we could see a Gold/Uranium producing company in medium term.I guess the only thing that disappoint investors is the recent result but then its only 5 out of 23 holes. The next outcome should be interesting. Either we break the $0.30 barrier and stay above $0.35 - $0.40 or hover around $0.30 for another 6 months. Finger coess people.
 
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Last
24.0¢
Change
-0.005(2.04%)
Mkt cap ! $52.20M
Open High Low Value Volume
24.5¢ 24.5¢ 24.0¢ $15.34K 62.79K

Buyers (Bids)

No. Vol. Price($)
1 41909 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
24.5¢ 13600 1
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Last trade - 15.32pm 21/06/2024 (20 minute delay) ?
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