thanks for posting Suzy

First 22 Last

Share
Profile

Follow
SpecPlays

389 Posts.

56

15/11/22

11:11

Post #: 64777576
Share

Originally posted by suzywongs: ↑

E25 is raising $30 million at $1.12 per share (stock closed at $1.435) to accelerate the planning and construction of a battery grade manganese plant likely to be built in Louisiana in the US using a combination of equity and debt contributions from (1) on-shore US manufacturers (not necessarily US manufacturers but also foreign manufacturers producing in US plants) of electric vehicles and (2) cathode manufacturers.

E25 may also qualify for further funding by US Department of Energy released as part of the Biden Administration’s Bipartisan Infrastructure Law to expand domestic manufacturing of batteries for electric vehicles and the electrical grid and for materials and components currently imported from other countries (ASX listed graphite producer Syrah Resources recently announced a US Department of Energy loan of US$102 million, and, separately, a US DOE grant of US$220 million, both to support the anode plant jointly developed by Syrah with its partner in Louisiana, USA).

E25 is close to announcing multiple agreements with OEM’s/cathode manufacturer(s) for the supply of E25’s battery grade manganese metal.

This process has had a fire put under it by the US Inflation Reduction Act, as Australia has a free trade agreement with the US and no other country supplying manganese has that essential requirement of the Act (see quote from E25 CEO Justin Brown below).

E25 is now the sole source of near-term battery grade manganese metal from outside China.
E25 believes it will have the lowest operating cost in the world including all of Chinese production.
Markets are beginning to realise that while it’s possible to choose to invest in more than 250 ASX or TSE listed companies in lithium, nickel and graphite, E25 is the only company that is investible for near-term manganese battery grade metal.
Investors are realising that manganese is by far the cheapest substitute available to replace other much more expensive battery metals in cathode production.

Expand

thanks for posting Suzy

E25 Price at posting: $1.44 Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

AR3

Overland drilling proves promising for Australian Rare Earths' uranium hopes

CPV

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Trump is President Again: What Does This Mean for Crypto?

There are more pages in this discussion • 31 more messages in this thread...

First 22 Last

Add E25 (ASX) to my watchlist

(20min delay)
Last 26.5¢		Change 0.010(3.92%)		Mkt cap ! $58.27M

Open	High	Low	Value	Volume
25.5¢	27.5¢	25.5¢	$14.61K	56.46K

Buyers (Bids)

No.	Vol.	Price($)
2	11195	26.5¢

Sellers (Offers)

Price($)	Vol.	No.
28.0¢	16500	2

View Market Depth

No.	Vol.	Price($)
2	11195	0.265
3	22582	0.260
5	151669	0.255
2	10000	0.250
2	140000	0.245

Price($)	Vol.	No.
0.280	16500	2
0.285	91666	2
0.295	1694	1
0.300	49203	3
0.310	166513	5

Last trade - 15.48pm 13/11/2024 (20 minute delay)

E25 (ASX) Chart

thanks for posting Suzy

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Overland drilling proves promising for Australian Rare Earths' uranium hopes

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Trump is President Again: What Does This Mean for Crypto?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

thanks for posting Suzy

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Overland drilling proves promising for Australian Rare Earths' uranium hopes

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Trump is President Again: What Does This Mean for Crypto?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News