I'm currently not that optimistic about the October cash flow report. This is due to the reference price for medium-sized manganese concentrate, as it is produced by E25. The price for this manganese quality is currently more in the lower range - Manganese Ore Index 37% Price (FOB Port Elizabeth / US $ per dmtu) currently US $ 3.10 and thus close to the lows.Therefore, in my opinion, the numbers for the first delivery should not turn out so good - perhaps also the reason for the current and already very long-lasting consolidation of the price.
The Dawn of EV, page-166
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