Actually having been involved in manganese over the last 20 years, I know a dead duck manganese stock when I see it.
Firstly : EMN has very low grade tailings, about 1/3 of normal Mn ore grade dmtu.
Secondly : cost of power ask yourself how much power will the manganese battery material operation take?
Most HPEMM projects quote 6500kWh of power required, thats only for production not for excavation or pumping etc.
at the current power price in Czech Republic the cost to produce one tonne = 6,500kWh x 7.3CZK/kWh = US$2,090/tonne in power cost alone.
You're definitely on drugs if you think a cost of US$2,090 /tonne in Czech Republic can compare with a cost of US$230/tonne in Asia.
China is already leading the world in EV production and has already taken more than 30% of the EU market, by the end of 2024 it will be 40% to 50%.
Share price, page-18
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8.1¢ |
Change
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Mkt cap ! $17.87M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.1¢ | 38750 | 1 |
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