The exact response I was expecting from you. Telling me it was a...

The exact response I was expecting from you.

Telling me it was a foolish statement.

Still not open to listen to what others are saying.
To look at this differently.
To read what is happening.

In the past you said it was 'ludicrous' for me to suggest a bigger player would get involved with E25 and then OMH did exactly that. Still not listening.


If OMH aren't planning to blend the 33% E25 ore with their 28% ore, can you please explain why you think they signed an off take agreement for up to 100% of the planned production from Butcherbird?

Please...what do you think OMH are going to do with it if it is not for the reason I set out above??????

It is an off take agreement, not a 'marketing' agreement as you continue to incorrectly state.


Regarding cash and plant build:
E25 just raised $6m in the SPP and share placement and by my estimates now hold approx $14m in cash and liquid assets.

If you actually read anything, you would know the CAPEX is $14m and working capital is $9m which they will get through debt. (probably $15m in debt so things are comfortable)

They have explained that they are building the plant with off the shelf products because the processing design is so simple.

And that they will be in production by 1st qtr 2021.

In the past, you said you would go away and check in in 12 months time so see you in August 2021.