E25 element 25 limited

Ann: Quarterly Activities Report, page-29

  1. 13,065 Posts.
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    The extra production costs for the quarter would be accounted for by the deduction of costs in the June quarter. You cannot have it both ways. June qtr production costs would cover this adequately. So I believe my estimation is close to being correct.
    There is no mention of the grade thats been delivered either, at least I can see no mention of it.
    I am trying to bring some sensible discussion here. The battery manganese is currently the rosy pie in the sky, and its unlikely to happen if they can't make the make the delivering on Mn ore at a profit.
    The fact is E25 is losing money in the order of A$90/tonne using AISC costs.
 
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