No mean feat to create the most ESG friendly version of HPMSM...another thing to make it at par if not cheaper than than the mkt leaders, China. Hence keeping a lid on and doing there darnedest to copyright it and at days end corner its future value at a marketable, production level.
What folks bypass is the time and science its taken to get where we are atm. This clip is from 5 years back. A number of posters since back then called it 'green blah blah' ' hippi this that'. Some of the long termers know whom and what I mean.
Point is there's been 5 plus years of back ground work to get where we are now. Within 24 months to production. Great to have some new entrants sprout up! Good for the sector. They will lag and be second behind what E25 can spruik to OEMs as far as signing contracts i.e. Stellantis and GM..both which have forked out dollars to form a financial relationship with E25. At days end E25 are market leaders in HPMSM. The leader as far as ASX contenders are concerned.
They misstepped with a small volume approach on start up re. the ore side of the business, which caused way too much $ bleed. Way too conservative. Just lucky they didn't bleed dilution with still a paltry amountof shares outstanding....Hence now when they do double down and squeeze this mammoth resource for both a high volume ore (higher profit return) and HPMSM....a business that is now getting a much greater appreciation in the battery space, they will reap serous returns. Not forgetting the HPMSM has far higher returns than the Ore business.
Market leaders.
E25 Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held
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