No sorry Mr Cheeze I have to disagree I don't think you are thinking straight. This is the best possible Ann for EPM at the moment. The Mary River Project is out of mothballs but that has not been factored in to the current SP as yet . The beauty of that project is that if a mineable resource is found no processing plant is needed it is so high grade it can be shipped straight to port.
This is against a background of the manganese /battery innovations which have resulted in a projected 5 percent increase in demand for manganese every year for the next 20 years.
So we are going to get an answer one way or another about the viability of Mary River in coming months.
It has not been written off as was thought.
I think this will break 1 cent and go for a nice run in coming weeks .....yesterdays Mary River Ann, concluded with news about Devils Elbow drilling is imminent.....
Ann: Stage 2 Diamond Drilling Commencing at Mary Valley Project, page-5
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