99.95% High Purity Manganese, page-768

The next quarterly report will show a substantial loss.

You have to agree. It's no wonder to predict this loss either, as E 25 has not shipped any ore to OMH so far in the current quarter and will not be shipping any more until the end of December.

It always seems to me, Rocket, that when things go badly at E25 and losses occur, you really get a kick out of it?! Whatever the reason, it's a character flaw!

I am hoping that it will be a final loss and that preparations are being made for the new drum DMS to be installed soon so that throughput and quality will improve and the ore business will be profitable by 2023 - as originally envisaged.

I think we will get an update from E25 on this as well.

In the short term, all points have been discussed and we should have more clarity on the locations for the battery systems, DFS and purchase agreements (with hopefully large) car and/or battery manufacturers in the next 2 weeks.