Time will tell Brimo There weren’t any options attached to the...

Time will tell Brimo
There weren’t any options attached to the issue

The majority of stock went to Blackwood Capital who kicked in $10m last October and its not like they’ve sold out of everything and moved on
Quite the opposite!
They just stepped up for $35m at above 30 day VWAP

Keep in mind that in 6 days it’s the end of March Qtr
The self imposed D day for production at Butcher Bird

Production !

As I look at Pilbara Mines lithium project that had to raise over $700m and still haven’t made a profit and have a market cap of $3 billion !

Also, as we reach the end of March qtr, we will see a cash flow report in the coming month

I’m guessing that E25 probably have $10m in the bank, plus have been selling a few investments here and there, plus today’s $35m raising

It’s possible we’ll see cash on the balance sheet in excess of $50 million
A fortress

Then very soon Butcherbird is making $30m in free cash flows per year and then shortly after, $70m or $80m in free cash flows per year for the next 20 or 30 years

Then, if that’s not enough, they move into battery MnSO4 production which will make the above DSO metal business seem minuscule

And while I’m in a roll, we wrap it all up under a Zero Carbon and green manganese theme and well I’m not quite sure what else there is to say