It would be nice if the prices for manganese stabilize and even rise again in the medium term. This also improves the general conditions for manganese producers.However, this is currently negligible for E25 as production on Butcherbird has been discontinued.The next few weeks with the final decisions will be more important for E25:
- Air and environmental permits - The final stage of the permit process is a public meeting on April 18th (i.e. next Thursday) - Approvals for the project location - Final project financing with further acceptance and financing agreements (Tesla, Ford, BMW, VW?) - MESC Grant Application (The deadline for submitting the complete grant application was March 19th
The months of May / June / July 2024 will be very exciting and a lot of news can be expected. Personally, I rate the risk-reward ratio here as excellent and in the medium term prices of AUD 3 are definitely possible again!
E25 Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)