Yeah, "Time will tell."
You obviously look through rose coloured glasses, where are all these profits you talk about.
E25 has only managed to lose money from day one and continues to lose money.
Acuity Capital is a vulture fund and has been known to trash share prices of companies who they've been involved in.
I suggest you read what happened with Gulf Manganese GMC when they went to Acuity Capital for some finance. Now in Administration.
To deal with Acuity Capital means that E25 is scrapping the bottom of the barrel for finance.
I'd also be careful spruiking the demand for future EV batteries as China is ramping up.
"
Battery-grade manganese sulphate
In January, China’s high purity manganese sulphate output stood at 14,000 mt, down 46.97% on the month. Some demand was released in advance due to the Chinese New Year holiday and the reduction of national subsidies. Meanwhile, ternary precursor companies stopped or reduced the production intensively. Therefore, the demand for high-purity manganese sulphate remained weak. According to SMM research, most high purity manganese sulphate enterprises stopped the production for maintenance for about 15-20 days before the CNY holiday. The overall output of high purity manganese sulphate fell sharply in January. "
As you say time will tell, if E25 cannot make a profit digging out Mn ore then those profits will continue to be elusive.
I do see buying E25 at 75c as being a good entry point, when all those greenie evangelists start worshipping again I'll be selling at a profit.
Dr Patrick Moore the founder of Greenpeace sums up the stupidity correctly.
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Yeah, "Time will tell." You obviously look through rose coloured...
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Last
25.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.29M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 25.5¢ | $1.88K | 7.372K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3459 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3459 | 0.245 |
7 | 102458 | 0.240 |
3 | 31046 | 0.235 |
5 | 61534 | 0.230 |
4 | 58813 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 30000 | 1 |
0.260 | 2875 | 2 |
0.265 | 21328 | 3 |
0.270 | 6665 | 1 |
0.275 | 18181 | 1 |
Last trade - 11.57am 01/08/2025 (20 minute delay) ? |
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