Manganese prices have also been rising sharply for a few weeks...

Manganese prices have also been rising sharply for a few weeks and it's a shame that E25 had to stop operations on Butcherbird at much lower sales prices. At current prices, it would very likely be possible to mine and sell ore profitably.

That's why I think, like many investors in Germany, that the current prices are more of a buy price and that in about 1.5-2 years, when E25 is a producer of battery manganese, the shares could be quoted much higher than they are currently (ATH). It should also not be forgotten that in 2021 funds entered the market at around AUD 2.70 and Stellantis at AUD 1.

I'm not subscribing to the new shares at AUD 0.27 only because I

1. Already have a very large number of E25 shares in my portfolio
2. I have no free money available - because I also have many other Australian shares from companies such as Sovereign Metals (ASX: SVM), IperionX (ASX: IPX), GreenX (ASX:GRX), Kingston (ASX: KSN), Matsa Resources (ASX: MTS) and NGX (ASX:NGX) in my portfolio, as well as a few promising German shares (IVU Traffic and Deutsche Lufthansa).

For newcomers or those looking to cut costs, I think this could really be a very good entry point into E25 at the current prices. But everyone has to judge that for themselves.