Maybe OMH should just takeover E25 and put their Bootu team on the ground.
Manganese ore prices are on the way back down again. E25 is losing money on every tonne produced and shipped.
Not much to look forward to with the current E25 management.
They excel at twittering and doing greenie presentations, but useless at getting the mine profitable. We'll see the share price in the 50's soon enough. Those who contributed to the capital raise won't be happy.
April manganese ore prices for April delivery to China
Comilog, 44.5% Mn, $5.60 per dmtu, down 20¢ from March. South32, 43.5% Mn, $5.85, down 15¢ BNG Mining, 44% Mn, $5.50; 48% Mn, $6.00 All prices c.i.f. China
E25 Price at posting:
62.5¢ Sentiment: Hold Disclosure: Held
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