"will be making around US$2,500.00 per ton on EMM,"
Really, just like a few months ago you were saying how much profit E25 was making from Mn ore with its first shipment.
Just to put you in the picture, I was replying to somebody else who had stated that I didn't have a clue. I know that you and most on here don't like facts pointed out to you, however the FACT remains. E25 is losing $96/tonne for every tonne they produce.
Yes, E25 might turn it around and they need to asap, however I'm doubtful that E25 will turn it around enough to make it profitable overall.
Dreaming about pie in the sky huge profits on EMM, is like dreaming about buying a $$million house when you earn $5/day. Problem is E25 are losing more money than they earn.
E25 Price at posting:
$1.69 Sentiment: Sell Disclosure: Not Held
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