Butcherbird Manganese - looking past the stage 1 start up operation

Investor webinar replay

Meeting Overview The meeting focused on Element 25's Butcherbird Manganese project, particularly discussing the transition beyond the initial stage of operations. Managing Director Justin Brown presented updates on the project’s progress, market opportunities, and future growth potential. Key Discussion Points - Overview of the Butcherbird Manganese project and its significance in the manganese market. - Update on the recently released updated PFS report and its implications for future growth. - Details on the project’s resource estimates and the operational team structure. - Discussion on manganese's role in steel production and emerging battery market opportunities. - Infrastructure and geological advantages of the Butcherbird site. - Explanation of the mining and processing methods to be employed. - Timeline for equipment delivery and construction commencement. - Future production targets and offtake agreements. Decisions Made - No explicit decisions recorded. Action Items & Next...

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Replay transcript excerpt

[Speaker identities could not be resolved; generic labels used] [00:11] Speaker 1: Hi, everyone. Thank you for joining Element 25's live Investment 6. [00:16] Speaker 1: Butcherbird Manganese looking past the stage 1 startup operation. [00:20] Speaker 1: I've got managing director Justin Brown with us today. He's going to walk you through a company presentation and after that we will be accepting questions. [00:28] Speaker 1: As a reminder, you can submit your questions in a Q&A panel on the right hand side of the screen at any point during the presentation. [00:35] Speaker 1: Without further ado, I'm gonna hand it over to Justin. [00:39] Speaker 2: Thanks, Jane, and good morning to everybody. [00:42] Speaker 2: Thank you for your patience. We had some delays with the release of our updated PFS report, [00:47] Speaker 2: which you saw go live yesterday. [00:50] Speaker 2: I guess what I'm gonna talk about today [00:52] Speaker 2: is what happens past stage 1, as Jane suggested. So I'll walk through [00:57] Speaker 2: some of the background slides. Those that are familiar with the story will have seen them before, [01:02] Speaker 2: but then I'm going to sort of talk to you about the fact that that's very much a stepping stone [01:07] Speaker 2: to a future which involves [01:09] Speaker 2: a steep growth path for the business. You know, we have a huge resource and there's lots of opportunities there. [01:16] Speaker 2: So I guess by way of background, [01:19] Speaker 2: we've currently got 132 million shares on issue, having fully funded stage 1 of the project, [01:25] Speaker 2: a market cap of just under $200 million and an EV of about 175. [01:31] Speaker 2: We've still got a pretty tight register, top 20 hold just over 50%. [01:37] Speaker 2: You can see from the...