E25 element 25 limited

Ann: Quarterly Activities Report, page-73

  1. 3,783 Posts.
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    I am not at all concerned.
    they are ramping up so of course costs are higher than they should be.
    Rocket has NFI.
    The production costs are at Breakeven at worst right now, with improvement to come. Cashflow report will take 2-3 more quarters to show the real situation given the disconnect between spend and receipt, the ramp up and stockpiling.
 
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