E25 element 25 limited
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The biggest problem E25 now faces is a declining Manganese ore...

  1. rocket973
    12,947 Posts.
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    10/11/22
    16:59
    Post #: 64699534
    The biggest problem E25 now faces is a declining Manganese ore price. The 44% Grade is now down to US$4.70/dmtu. E25 will definitely be losing heaps now unfortunately.
    E25 was breakeven at US$8.05/dmtu.
    A load of 50,000 tonnes E25 would currently lose A$6 to 7 million /shipment.
    The S32 Groote Is Mn ore price for December shipment has now gone down another US$0.10/dmtu. so the losses are increasing.
    If only E25 would publish its C1 costs then we wouldn't be left in complete darkness.
    Last edited by rocket973: 10/11/22
    E25 Price at posting: $1.37 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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