Ann: Element 25 Secures $30 Million Funding Facility, page-7

In March 2020, E25 announced a $2m deal with Acuity and it worked a treat ...
The main benefit back then (when stock price was 35-40c ish) was that various brokers were pitching capital raising and steep discounts. (28c to 30c from memory)
This facility removed the general thought that there was going to be a cheap CR.
It enabled E25 to release quality announcements that sent the share price higher, and they were able to sell shares through this facility at much higher prices than the 28c or 32c.
It also meant that various brokers missed out on the cheapies and had to buy in market.
Which is exactly what happened and this was the first move north to +40c per share and off she went.

This was exactly at the same time rocket bagged the Acuity deal.
And at exactly the same time as he bagged the project and E25 as a whole.
And then the stock of course 'rocketed' to $2.72..............................

Now, times have changed and the company is bigger now, than what it was back then, but this new deal with Acuity is another potential financing source to be triggered as and when E25 want to use it.

And as What's the Tip hints at in his message above is that the planned plant size in the USA is for 50kt-60kt per annum so we have additional capacity, so we must be close to another big off take.
The problem is that everyone (myself included) expects this to be easy and it should have happened before Xmas.
Unfortunately, big deals with big companies take time and no doubt they are trying to screw E25 down on every issue.
And I'm sure lawyers (from both sides) are dragging things along as slowly as possible for maximum fee extraction.

So, personally I'm quite relaxed, not too concerned about DSO business which is losing money, and waiting for the big deal to come.
Hopefully this month, maybe next, maybe next ... but I think it's coming.

And then that big group is probably going to kick in money and then Stellantis have to kick in $20m at $1.00 per share (from memory) and then we won't have to worry about the Baltic Dry Index (yawn) and the daily Mn prices as posted on OMH website.

Because the calculation we will all be doing is 65,000 tpa of HPMSM at $x per tonne for the USA.
Then add a second plant or an increase in output from 65,000 tpa to 100,000 tpa ?
Then add Malaysia.
Then maybe add Australia.

And because Butcherbird is +200 year mine life, it can just keep supplying Mn ore to these plants for a very long time.
Hopefully generating heaps of revenue and heaps of profits for E25 and heaps dividends for shareholders.
Time will tell.