We already know shipping prices have come down significantly since the quarterly, and we know that we are also going to be shipping more efficiently. We know manganese prices have risen, we know that in any mining operation the first few months will have higher costs as operations slowly kick in to gear and then ramp up. We know that borders are starting to open up which will bring labour costs down. We know that oil prices are retreating from their highs (7% lower than a week ago). Literally every metric I can think of has improved since an initial quarterly that should never have been seen as a standard for future costs and revenues to begin with... And yet people are still panic selling.
Absolute golden opportunity to buy.
E25 Price at posting:
$1.33 Sentiment: Buy Disclosure: Held
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