Who knew developing a mine in Europe was hard?
This company has made significant progress on permitting (secured all major permits) and acquiring the land necessary for the operations in addition to being the only western developer to produce HPMSM from their demo plant. Yet everyone only looks at the stock price in terms of "progress".
All the pieces are in place except for offtakes and funding, which is somewhat in the control of the market which, currently has terrible sentiment. Look at E25, they have an operational mine, have secured significant funding and offtakes and yet they sit at a measily stock price.
As the only significant manganese deposit in the EU, it's a no brainer for the EU to designate it as a strategic deposit. Once that happens (expected in March) I think we will see alot more eyeballs here.
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