Also note that the company mentioned in this article (Manganese X Energy Corp) as the only exposure for Nth American manganese supply was up 77% yesterday and is up 750% for the month !
Now E25 is also up 530% since the March covid19 sell off (we hit 10c or maybe 9.5c from memory) so it has also been a star performer.
But the ride may have only just begun.
We have moved to these highs on the awesome economics (high NPV & IRR) wrapped around the Mn ore to be used in steel manufacture
But don't forget that this project will be back-ended (is that the word) by a battery metals/EMM business that will dwarf even the steel production business above.
Mn prices have rebounded
No one wants to deal with China
and
and
and
...
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3 | 75000 | 0.195 |
3 | 21263 | 0.190 |
2 | 14810 | 0.185 |
2 | 55528 | 0.180 |
Price($) | Vol. | No. |
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0.210 | 95672 | 1 |
0.215 | 8478 | 1 |
0.225 | 1722 | 1 |
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0.235 | 2148 | 1 |
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