Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-38

This Ops manager has been at E25 for a long time, I recognise him from the November 2020 AGM.

He was chatting to all investors after the presentation curious as to what brought them to E25. He mentioned that the project may experience its ups and downs, (dont think this is what he wouldve envisioned) but long term internally they were confident it could become the "FMG of Manganese."

I understand and share your disappointment PC. I too was one of those "all in on E25 holders" until today. It hurts, but I exited. No point dwelling on the opportunity cost of those discounted CGT gains.

Though disappointed and retrospectively regret not de-risking my investment earlier along the way, i'm not going to rant about the perceived capabilities of management/personnel.

Good luck to all holders and hope it works out. For those who feel like they've been burnt and/or stressed about losses, i hope your mental health is ok. For now i'm taking a break from the stock market.