Ann: E25 Progresses USA HPMSM Refinery Plans, page-13

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damo77

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28/03/24

09:11

Post #: 73096505
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Originally posted by srood: ↑

It will rise quick when it does decide to move. Need some runs on the board no doubt. Secure this grant as advertised is a place to start. An expansion will see a far greater ROI, one that'll be able to see past cyclical ups and downs. Being a massive resource only adds to this equation. Manganese pricing trajectory all importantt. It's price appears to have bottomed with upward pressure.

Will they announce a third offtacker? US Gov to stump up has been alluded too re HPMSM? Many probables as always with E25. GM and Stellantis being partners was a great place to start although mkts were negative and have continued to ignore such partnerships even with $100m+ provided.

At days end, Butcherbird is a massive, truly generational resource as far as size/grade is concerned upto 100 years + is not an exaggeration...between HPMSM and ore, it appears Patience is the one final factor needed.

Still very few few shares on offer...small mkt cap considering.

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It will be interesting how long the US Government takes to consider E25 submission for funding that was due on the 19th March. Would also be interesting to see the $$$$ that they have appied for.

For a Government to encourage a submission is a big positive. E25 have put in a massive amount of research and planning in addition to 2 huge companies financially committed. I have no doubt that this will be approved in my view.

E25 Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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