RE:End Users Guiding the Process!!??NeedAPool wrote: What a great position to be in! They are hitting all their milestones and able to shift gears in order to accomodate exactly what your potential end customers are telling you they are going to want!!! Still high purity but more in demand. No wonder we are holding strong at the current SP. GLTA
"...the Company is currently undertaking an update of the K.Hill preliminary economic assessment (PEA) to produce High Purity Manganese Sulphate Monohydrate (HPMSM), rather than High Purity Electrolytic Manganese Metal (HPEMM). The updated PEA released on 28 April 2020 (“2020 PEA”), assumed 100% production of HPEMM. The reason for the change is following feedback from independent market research, supported by direct discussions with potential end buyers. They have indicated that as the high purity manganese market grows, due to greater electric vehicle adoption, demand growth will be heavily skewed towards HPMSM..."
EMM got the goods and the NDA is a confidence booster as well.....when the time comes there will be that off-take agreement or partnership with end user.