Next train station: "$2-town", page-81

Nobody is interested to take E25 over.
The Mn ore grade at 10% puts it in the lowest quartile.
The Mn ore has to be trucked 600km to port.
E25 will only ever be a marginal project.
High labor and operating costs in Australia are only manageable if
1) good grades
2) rail transport or close proximity to a major port.
E25 has neither, why would anybody be foolish to takeover E25 when it can't make a profit.
If E25 can't make a profit shipping Mn ore then the greenie battery metals dream is a goal too far to reach.
The greenie dream has dragged in a bunch of investors who otherwise wouldn't touch E25, and E25 management know this so they constantly spruik the greenie dream.
They're well aware not many investors would touch it otherwise.
The next quarterly report will be sink or swim.