All IMOI have no idea what Tesla is going to do.a) who knows if...

All IMO

I have no idea what Tesla is going to do.
a) who knows if Tesla will pick a Manganese miner or b) if it will be E25.
The HPA hype was a bust...

Tesla is NOT the reason I invested in E25.
If Manganese is important to batteries well, that's a bonus.

IMO the reasons for investing in E25 are;
- intend to start production early next year
- appear to have a management team that hits their timelines
- Low CAPEX to production
- Payback 6-9 months
- IRR 223%
- NPV $283m or 2.83 x current MC

Suggest you read the August SH presentation where you will find these slides.



...and in the latest Annual report you will find these tables
Its interesting how E25 have gone from one price point in the August presentation to 4 possible price points in the September Annual Report. Why would they do that? Has anyone asked management? Maybe there is some interest from battery makers. If I recall correctly, most of the worlds Manganese supply currently comes from China and I expect in the current environment any USA Coy will seek alternate supply arrangements.




all IMO and good luck to you

GLTAH