Please indulge me....Hello All, I have not posted on SH in years. Mostly due to years of disappointment in the, let's politely say, disingenuous, "information" that the companies previous leadership were more than happy to push on anyone that would listen. Especially if the listener was wealthy or better yet, had wealthy friends. Way more often than not, this information did not benefit this or any other shareholder. In fact, I'm pretty sure that the old WDG clan is where the phrase "buy on rumors, and sell on news" was coined. ( I see you DP)
I have been around since the UNX, FSY years. I bought MANY MANY shares 9-10 years ago. Encouraged many friends and family to do the same, I'm sure to the benefit of the people spreading the "information". Thankfully those days of the smoke & mirrors show is long behind us. And thankfully, I and those of us that have been around for this long haul hung onto our shares. I assume you did if you're reading this post and still on this bullboard, so congratulations!
I am so happy for this company's current leadership and thankful for the direction they are taking us. Many of you on this board remember a member named Jack. Jack is now the second largest shareholder of EMM. I don't know if that makes me number eight or nine but no matter, I am so happy. Many of you may or may not know that Jack is very well-connected and knows more about this company than anyone other than the people actually running it. I have never heard him as enthusiastic as he is now. After our past few conversations, I've never been more excited either. We have seen a steady stream of positive news releases since Robin has taken over. REAL news releases, on the schedule that Robin and the board have outlined in the previous years company presentation. No Smoke, No Mirrors, No Subterfuge. Real work and a real, steady advancing of our companies value. There are many more to come all of them ranging from positive to extremely positive to game-changing positive. There has been speculation of updating the PEA showing both a greater life of this, one of our three mines, and a higher yield percentage than previously thought. I believe those are all a given. I've heard and read people speculation about companies like Volkswagen being in our future. While that would be great, if I'm speculating, I think it could be even bigger than that. I have friends in the automotive business. Every part of every vehicle has to be identified and put in a supply chain so that not only are the raw materials available to make the components, but the price that the parts cost are consistently committed to. When was the last time you went to buy that new car and the price changes somewhere in the middle of the model year. It doesn't happen. That is because the supply chain has been set. These supply chains have to be set in concrete for five to 10 years ahead of current production. Every part in these cars from the tires to the windshield, to the leather on the seats, to the bolts that hold on the tires have historically been required to be part of this predictable supply chain. Every part so far except for the batteries in an EV. The batteries account for more than a third of the total cost of the vehicle. The auto companies are terrified that these batteries raw materials, that come mostly from China now, will in a very short time be part of the Communist Parties political chess pieces in the world economy. Most of us have read the company presentation and know that there are very few companies outside of China they can provide the pure manganese required for the latest and best current battery technologies. As luck would have it our resources Manganes Oxide has a quality and quantity of impurities that allows us to skip the step of first making EMM then the costly convertion to the more desired by battery manufacturers High Purity Manganese Sulphate Monohydrate (HPMSM). Our resource and the quality of said resource will eventually make our company 5 to 6 times as valuable than Euro-manganese and 30 times more valuable than American Manganese. Manganese X is a joke and shouldn't even be in this same discussion. They have a 3% yield manganese with impurities that are expensive to remove. After our updated PEA I'm confident our average yield will be 38 to 40% and as high as 60% in some areas. I suspect Mang-X's recent run up in their share price resulted in them using the same tactics as WDG'd previous leadership. I believe the game changing event is going to be the bidding war when these different auto manufacturers scramble to lock down their supply chain through their battery manufacturers. Whether the bidding comes from the auto manufacturers or the battery manufacturers remains to be seen. But after the years of wear and tear on my body and the years and years of holding this stock it sure feels great to be the prettiest girl at the dance. As the rest of the battery world continues learn this, it will be game-altering and life-changing for those of us that hung on. As Nomo used to say to the MOOOOOOON!