E25 should come out with an announcement, the price of Mn ore is going to go higher.
E25 needs to update the market with its intentions.
The S32 Groote Is is a high Mn ore grade so it takes a lot of production of lower grade ore to make up the loss from the market. It will take a few months for Mn port stocks to start running down so E25 has a month or two to start getting operational before Mn ore prices spike even higher. Maybe worth listening to this from 10 minutes.
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-34
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