Gee, I read some drivel on EMN.
Nearly every manganese ore producer now plans to produce Mn battery materials for EVs, South African companies can produce high grade Mn ore under US$2.00/dmtu.
Every Tom, Dick and Harry now plans to produce Mn battery materials.
EMN has no choice but to use high cost power, so basically unprofitable from day one.
EMN is a company that allows Directors / Management to keep sucking up at the pig trough whilst dumb shareholders keep funding their lifestyle and also posting their inane drivel.
"Shortages of key metals for electric vehicles batteries are unlikely to occur"
EMN has the lowest grade Mn ore, the cost of digging up the crap at Chvaletice Project will make it the most expensive Mn ore and therefore the cost of producing HPEMM will be the most expensive. Since China will produce most EV's for the EU market in the future then there will be little demand for EMN HPEMM in Europe.
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4.8¢ |
Change
-0.001(2.04%) |
Mkt cap ! $10.19M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.8¢ | $12.30K | 254.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 118623 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 61224 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 118623 | 0.047 |
3 | 274998 | 0.046 |
3 | 154388 | 0.045 |
2 | 334000 | 0.044 |
1 | 13000 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 61224 | 1 |
0.050 | 25100 | 1 |
0.051 | 27000 | 1 |
0.055 | 54545 | 1 |
0.058 | 90100 | 1 |
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