E25 4.17% 23.0¢ element 25 limited

Ann: HPMSM Feasibility Study Delivers Outstanding Economics, page-11

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    Yes, certainly also disappointment in recent years, since the start of production and the associated millions of losses that have occurred since then.There are currently improvements to the system, but optimizations are still necessary and planned.

    The HPMSM feasibility study published today is quite decent and further reports (financing, purchase agreements, subsidies, further location in Malaysia) should follow and ensure a constant flow of news.E25 has a clear lead over other companies and plans for the US plant are very advanced.

    But let's also not forget that ALL stocks in the manganese space have performed poorly.
    I continue to strongly believe that ELEMENT 25 is very well positioned for the next few years and that the manganese sector is still flying under the radar of most investors. If there is a wave of investment similar to that of lithium in the manganese sector, then there are only a few companies that are "investable" and ELEMENT 25 is one of them.
 
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