1. Limited production capacity: Euro Manganese Inc has a relatively small production capacity compared to its peers, which limits its ability to meet growing demand for manganese products.

2. Higher production costs: The company's production costs are higher than those of its competitors due to its smaller scale of operations and lack of economies of scale.

3. Limited geographic reach: Euro Manganese Inc operates primarily in Europe, which limits its ability to tap into other markets and expand its customer base.

4. Dependence on a single product: The company's focus on producing high-purity manganese products leaves it vulnerable to fluctuations in demand and prices for this commodity.

5. Limited diversification: Euro Manganese Inc has a relatively narrow product portfolio, which limits its ability to diversify its revenue streams and mitigate risks associated with a single product.

6. Reliance on external financing: The company has relied heavily on external financing to fund its operations and expansion plans, which exposes it to risks associated with debt financing.

7. Limited brand recognition: Euro Manganese Inc is a relatively new player in the industry and has limited brand recognition compared to its more established peers, which may make it harder to attract customers and investors.