Amigos, if you want to see how fast a junior Aussie company's fortunes can change in this geopolitically-charged world, take a look at E25, which is currently in a trading halt. It has just been granted A$243 million by the US government for developing a high-purity manganese operation in USA (its market cap is $40 million prior to the trading halt). "Manganese sulphate is a key component in lithium-ion battery cathodes but most of the supply in its refined form comes from China. The manganese ore will be sourced from Element 25’s Butcherbird mine in Western Australia." Below is a phrase which can be searched to find the announcement in the Australian Financial Review.
biden-hands-243m-to-wa-mining-minnow-element-25-20240920-p5kc6w
Amigos, if you want to see how fast a junior Aussie company's...
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