With very good quarterly figures, which would surprise us ourselves, and a scoping study that shows the enormous potential and perhaps provides an indication that negotiations are in ADVANCED with car and/or battery manufacturers, the $5 would even be possible in the short term.
But those are probably too many positive wishful thinking from my side.
For me personally, the course of the price indicates that the quarterly figures are negative again, losses have been incurred, which most people also suspect and what we are assuming here. So the uncertainty remains, despite all the positive news reported by E25, that no money can be made with the manganese concentrate - worse, money is lost. However, the market does not like uncertainty and losses.
For the next few months it will therefore be crucial that E25 can also earn money with sales at the OMH. This is the foundation for short-term rising prices!
E25 Price at posting:
$1.42 Sentiment: Buy Disclosure: Held
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