Thank you. This is however all just desk based speculation from over in NZ. I hope something like this cold occur.
Additionally, if any off-take has a minimum price the increased revenue certainty from the off-take provides the option of E25 directly taking on debt as a funding source. Many options, which are basically all dependent on the opaque price of HPMSM.
Graphs like the one's below from Euro Manganese's website will have Auto makers/OEM's being a little worried that prices may increase into the future because demand exceeding supply typically leads to increasing prices. A lot will depend on battery chemistries and if they go high Manganese, these figures will be well understated for demand.
E25 Price at posting:
$1.32 Sentiment: Buy Disclosure: Held
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