I saw this on another chat group when someone asked if E25 was...

I saw this on another chat group when someone asked if E25 was still a buy

I cut and paste the 10 points in the response:

Yes, E25 remains our most favoured call at the moment

1. Good jurisdiction in Western Australia
2. Long mine life of +200 years
3. Tightly held share structure with MD and Chairman holding a big chunk of stock and not selling
4. Low shares on issue of just 150 million
5. No debt
6. In production in stage 1 which will ramp up and we expect to exceed name plate (PFS) output
7. Then moving to increased tonnages for a small additional CAPEX for even more tonnages, justifying the $1 billion NPV
8. If this was not enough, the company will then move to battery grade Mn production giving us exposure to E.V theme as it rolls out across the planet in the coming years
9. I’d expect the next catalyst for a kick in the share price will be a J.V or offtake with a large battery (CATL, Siemens, LG ?) or chemical group (Wesfarmers, BASF ?) or a car manufacturer (VW, BMW, Ford, Tesla ?)
10. Additional upside to come from potential for high purity Mn (99.95%) for use in specialist steel applications and deals with the large Japanese or South Korean conglomerates (Nippon Steel, POSCO ?)

As I noted in general chat the other day ... all you need to do to make money with this particular stock is to have the discipline to hold it and not be tempted to sell out.