Yes, you're definitely banging your head against the wall, or possibly have it stuck it in the mud.
The fact is the manganese ore price is crashing, now down to its lowest level since E25 started production, this means that E25 is losing money and lots of it.
"Jupiter announced the shipping price of manganese ore to China in December 2022: Mn36.5% South African semi-carbonate block is $3.98/tonne, down by $0.12/tonne;"
https://t.10jqka.com.cn/pid_251174321.shtml
S32 44% manganese ore price is US$4.60/dmtu CIF China for December quotation.
The question is how much is E25 currently losing? Lots I'll bet.
I'll be locking in my profits before you blokes realise how much E25 is losing.
Ann: HPMSM Feasibility Study Update, page-50
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