Rather than having a dig at me, you'd be smarter to have a look at the manganese ore price graph.
Like most E25 investors you don't have a clue, do you even know why the Mn went up to US$8.05/dmtu and why its unlikely to go that high over the next year?
The most important aspect is the relation between the production cost and the sales price, obviously if theres a higher than normal sales price then E25 will breakeven.
Why doesn't E25 give a C1 cost of production? Obviously wants to cover it up, there is no other reason, unless management are totally incompetent.
"You keep forgetting that E25 is just past it's first year of mining - many mistakes for sure but they seem to be working through them."
E25 has absolutely NO control on the manganese ore price, so I'd suggest with the current Mn ore price E25 is losing money.
E25 Price at posting:
$1.10 Sentiment: Hold Disclosure: Held
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