Esquatcho, I’d recommend reading the last few announcements...

Esquatcho, I’d recommend reading the last few announcements dating back to FS in July. The July announcement is more digestible than the full report.

Here a few screenshots for you, may put your mind at ease or not. Only concern here for me atm is my own patience, been in for 2 years, it’s a slow burn, NPV is attractive, and bear in mind EU EV value chains will prefer materials with green credentials + close to EU base, boxes EMN ticks big time compared to competitors.

EMN mgmt has so far delivered and at point of writing there is no reason to suggest this changing in near future.

Macro env and flow on impacts at play atm as Rocket calls out a few, and rightfully so, macro should be factored into your individual investment decisions/strategy. That doesn’t mean I agree with his framing/potential agenda. Lots of political/economic challenges in Germany atm (in reference to Rocket’s examples). From my perspective, no advice, most should be temporary constraints. EMN, see screenshots, is working to lock in stable, long term renewable energy source, and secure funding and FID by end of 2023. Re Funding, be it equity and/or debt based, given EMN’s strategic value propositions and green credentials you’d think this should garner substantial EU based financing support.

I’ll be curious how off-take conversations progress over next 3-6 months once demo plant products go out to potential customers.