Ann: High Purity Manganese Flowsheet Optimisation Progress Update, page-16

Thanks for your response. I thought this may be the case just wanted to clarify.

Have your anyone else done a peer comparison on the HPMSM techniques/potential of EMN compared to E25?

Over the 25-year life of the Chvaletice Manganese Project, Euro Manganese expects to produce 1.19 million tonnes of HPEMM, approximately two-thirds of which would be converted into HPMSM. The CMP HPMSM product is designed to contain no less than 99.9% manganese sulfate monohydrate (MSM), have a minimum of 32.34% manganese which exceeds the typical industry standard, will be sold in powder form, and will produced without the use of fluorine.

we are similar market cap. Just wondering what people's thoughts are on the two considering EMN already has 5 off take agreements, operated a plant in the past. And looking at producing 100kg HPMSM.

how do we stack up in regards to production? Quality? And ESG wise with consideration of the flow sheet process?