E25 1.69% 29.0¢ element 25 limited

Ann: Proposed issue of securities - E25, page-30

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  1. 12,282 Posts.
    lightbulb Created with Sketch. 1776
    Ok, how about telling the truth.
    The first time I posted on E25 was on the 25th May 2020 and the shareprice was 39c.

    What I said was
    "Can you tell me why people are so excited about a low grade Mn deposit of 10.8% like Butcherbird?
    Surely nobody can be serious about E25 supplying manganese ore to the market when the likes of Eramet in **on are producing 4 million tonnes annually with grades of 43%+ and Ghana Mining about 4 million tonnes at 40%+ and Tshipi in South Africa producing 3 million tonnes at 34% Mn. Not to mention South32 who have the Groote Is GEMCO mine which is 44% high grade and another in South Africa.
    Its good to see investors taking note of the increase in the manganese ore price currently US$6.20/dmtu but the Butcherbird deposit with a Mn grade of 10.8% is extremely poor."

    I really object when people don't tell the truth.
    What I stated also was
    "The market cap is only $35 million so its not over priced."

    You should refresh your memory and tell the truth in future.
    Post #:
    44813524
 
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