EMN 1.39% 7.3¢ euro manganese inc

That purse is not so fat as it once used to be and the state...

  1. 96 Posts.
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    That purse is not so fat as it once used to be and the state will want to see dividens from the divestments in Balkans. Also the Dukovany project, although financed by the state, will have its costs and risks, the gigafactory won't be cheap either and they will probably start to invest more into renewables and gas-fired power plants to phase-out coal. Theoretically, they could handle the capex $404 million easily, but somehow I don't think ČEZ would see the manganese as their top priority with all the challenges on their hands. I believe there will be more suitors and that the consumption of one gigafactory in the CR wouldn't consume all that manganese. That 25 % share of the EU's 2030 consumption seems sufficient output to me to satisfy the needs of not just one consumer. However, I will be glad to be corrected if mistaken. DYOR
 
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