Positive outcomes with all relevant German partners and all other projects, not only Epanko will eventually fall into place. Wouldn’t be surprised if see an update or final announcement with KfW ipex soon (personal feeling).
However I am also interested in potential partners which are not disclosed yet. Northvolt is now making some progress on their German plant, Mercedes/Neometals recycling JV -> EGR had some delays but so had the battery industry, things will pick up pace now. Due to sustainability reporting I don’t think that European OEMs can longer rely 100% on Chinese graphite, there is going to be a forced switch to more sustainable graphite soon.
The market here closed with 2.5 million traded and almost at 0.2AUD at the weekly high. 2021 flashbacks incoming, if you don’t stop this run in Australia, we will see another 10-20% and up to 0.25 on Monday over here. All IMHO. Cheers!
EGR Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
