"Are you an industry expert in Mn."
No I'm not saying I'm an industry expert, but I've been involved in manganese stocks for 15 years, including ConsMin and involved with Michael Kiernan in the takeover in 2007.
Sydney Morning Herald for 2007 you need to change * for . smh*com*au/business/mining-vets-pit-wits-over-consmin-20070709-gdqkmx.html
10% grade is normally waste, and yes its possible to beneficiate but it comes at a cost. You have to mine 4- 5 times more product to get the same result. The cost of digging, the cost of transport, the cost of crushing, separation and treatment all costs money.
If the manganese ore demand is up and prices are up then the likes of Jupiter JMS can ramp up production easily as they've done before. The problem is that the pricing of manganese ore is such that its up and down, its already softening due to South Africa restarting.
Yes, maybe E25 can get started producing and possibly when prices are high it will make a buck, but will it make a buck when prices are low? No it won't.
However to think that E25 is a takeover target by another company like JMS, OMH, S32 is ludicrous. Even OMH is marginal at times with 36% grade, its the smelters in Sarawak that make the money. JMS produces 3 million tonnes of Mn annually at a cheap cost as does S32. These are high grade mines and need no beneficiation.
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