Opted in with a parcel today, hopefully the quarterly dosen't...

Opted in with a parcel today, hopefully the quarterly dosen't punish my eagerness but this is a stock that is in an incredible position imo which is why I bought in:
1: Simple business plan, makes it an easy takeover target if a business ever wanted that
2: Australian location, with 20 year mining permits
3: Already derisked, company is fair value at phase 1, with 30mil free cash flow at a p/e of 9, is 270mil mc. Fully funded phase 1 no debt, means even in a WORSE case scenario, company is a stable cash machine that could pay dividends if it wanted
4: Growth strategty enabling dual lines of income from the steel industry and from the EV industry by 2024 on last plans by the company. E25 having the ability to sell to either market is a great benefit and derisks the company
5: Manganese is not going anywhere, because steel is not going anywhere. EV is just icing on the cake
6: phase 2 plans of 75mil, free cash flow by 2022 would imply the company is earning 1/4 or 25% of its market cap in profit a year. Absolutely bonkers

So many positives really can't see the downsides aside from manganese industry taking a downturn with our current opex but I doubt anyone would be in the company if they thought managense dident have a future