E25 element 25 limited

Net change from Q3 to Q4 was +1,000 tons. Even if they can get a...

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    Net change from Q3 to Q4 was +1,000 tons. Even if they can get a better output from the existing equipment what are we talking about another 2,000 maybe 5,000 P/Q. It's no where near enough to help stem the losses.

    At least the debt facility got up last week at the EGM. They will be able to draw on this in order to purchase and commission a DMS circuit. Realistically this could take several months. The longer they wait the longer the current operations will lose money.

    Should have been done back in November at the very latest. Remember that we don't need to be cheerleaders for this management team that get paid handsomely and should be delivering on investor wealth not destroying it.
 
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