📋 About: Euro Manganese Inc. (ASX | TSX-V: EMN) is developing a Green and European source of ultra high purity manganese for Electric Vehicle batteries developed from the recycling of a tailings deposit located in the Czech Republic.
🌏 Macro Themes: EU shift to Electric Vehicles and enforced ethical, low carbon, local sourcing of battery metals. and in battery materials production in Europe and North America. Strong interest emerging in the EV/battery/battery raw materials sector from individual and institutional investors, and particularly ESG funds.
Euro Manganese Company Milestones
These lists show past milestones achieved by the company, and Next Investors opinion on possible future milestones that we think would add value
✅ Portfolio Initiation
🌏 Elon Musk Highlights Manganese on Tesla Battery Day
✅ Capital Raise $12M @20c
🌏 EU Regulations: Improving sustainable raw materials supply chain
✅ Preliminary EIA screening process
✅ EIT InnoEnergy funding
✅ Capital Raise $30M @60c
🌏 China Tightens Grip on Processed Manganese Supply
🌏 VW Battery Day
🌏 Stellantis Battery Day (2)
🌎 Volkswagen's Strategy Day
🌎EU Regulations: Reduce Carbon Emission 55% by 2030
🔲 Build and commission demonstration plant (2021)
🔲 Project Lifecycle Assessment (2021)
🔲 Offtake MOU (2021)
🔲 Detailed Engineering (2021)
🔲 Unexpected Positive Announcement 1
🔲 Unexpected Positive Announcement 2
🔲 Begin Operation of Demonstration Plant (2022)
🔲 Final EIA and permitting process (2022-24)
🔲 Land acquisition (2022-24)
🔲 Feasibility Study (2022)
🔲 Offtake Agreements (2022-24)
🔲 Secure Financing (2022-24)
🔲 Initiate Construction (2022-24)
🔲 Unexpected Positive Announcement 3
🔲 Start-up, commissioning and commercial production (late 2024/25)
Next Investors Investment Milestones
✅ Initial Investment: @6.5c
✅ Increase Investment: @20c
✅ Increase Investment: @60c
✅ Price increases 500% from initial entry
✅ Price increases 1000% from initial entry
🔲 Price increases 2000% from initial entry
🔲 12 Month Capital Gain Discount (Sep 2021)
✅ Free Carry
🔲 Take Some Profit
🔲 Hold remaining Position for next 2+ years
”Expected Company Milestones” are based on the company's publicly available execution plan and some assumptions made by our team on potential announcements that should de-risk the investment. “Our investment milestones” show our current long-term investment plan. Early stage investments are risky and there is no guarantee that the expected events will occur. The lists are not in sequential order.
🔲 Expected Milestone
✅ Achieved Milestone
🟩 Above Average Result
🟨 Average (Expected) Result
🟧 Below Average Result
🟥 Negative Result
🌎 Macro Event
⚔️ Results from Other Company / Project
[UPA] Unexpected Positive Announcement
[NEW] New Milestone Added
Why we invested in Euro Manganese (ASX: EMN)
Europe’s EV industry has increased its market share to 26% and is expected to grow further with an escalation in sales due to the increased availability of Tesla and the release of the Volkswagen ID.3 electric hatch.
Petrol ban by 2035
Shell has called on the UK “to make a bold move to ban petrol and diesel vehicles by 2030, accelerating an existing plan by 5 years. In fact most of Europe and even Australia has been called to follow suit.
World class environmental standards
EMN’s Chvaletice Manganese Project is part of an environmentally sustainable business enterprise being built by EMN.
High-Purity manganese (HPM)
HPM is attractive for investors, as the growing demand relative to previously moderate production pushes prices up.
EMN is in the heart of Europe, where over 25 EV plants and 30 battery plants will soon be operating, with the vast majority consuming high-purity manganese.
Several prospective customers have expressed interest in procuring high purity manganese products from the Chvaletice Manganese Project. EMN has signed five MOUs to conduct product supply chain qualification, which are expected to form the base for long-term offtake agreements.