The market pricing for E25 has been as if the Lousiana project won't get funded and isn't happening.
If this US Grant is large and it makes it look like the Lousiana project is happening then it completely resets the valuations for E25.
As a reminder, the financials below are a feasibility study accuracy estimate of what E25 hopes to deliver from Lousiana. They exclude what could also be acceptable mining margins on Butcherbird to deliver the ore.
E25 Price at posting:
21.5¢ Sentiment: None Disclosure: Held
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