Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Until the decision was final, Geomet must have continued with the original site. I'm just saying, Q1 was a lie. KC must have been pretty sure it won't come when that came out.
Not really, because if DRA already worked with that, KC is due for handcuffs, without exaggeration.
' the site change decision must have been in the works for much longer than last December'
Thanks ghin, you have helped in making my point of DFS in Q2.....🚀
Also, yet another new handle, Patient1. It's far you again, fingers? :)
Except, the CEO is a serial liar on record. I'm not going back to the ominous 'inking' of offtakes years ago, always just a few months out, until the story changed as people can argue about that (in isolation, not as a pattern with regards to everything else he has lied about - the best defence then is total incompetence, which isn't great, right?).
No, let's just go back to the last couple of DFS delays, with the December announcement titled 'DFS release in Q1'. The CEO must have been in full knowledge that was not going to happen, the site change decision must have been in the works for much longer than last December.
In response to @daveri007 post 15:15: The problem with directors informing the market when the DFS is expected or anticipated is that it becomes a deadline or a promise in some eyes, with the result that if for any reason it is not met, the CEO is lambasted with insults and accused of being a serial liar. I can understand the frustration that this investment is taking a long time to come to fruition and I imagine that the board are just as disappointed as many investors are. However, the reasons for investing now are just as valid as they were several years ago and I have full confidence in Mr C and believe that he and the board have steered the company well through a very difficult investment environment. If I didn't believe this I would not still be invested here.
Q2 for me....CONTINGENCY work would have already been done for their second choice location (and raw material transport). Come on, it's not as if they did not have plenty time to cover all eventualities....👏
But of course CEZ don’t care about EMH share price so who knows.
KFC (aka the caretaker) has no control here …but should lithium prices skyrocket- we all know the DFS/FID will follow very quickly!
Saving grace …at least dilution has been managed very well- a big tick-up for Mr KFC!
Why should shareholders have to speculate on when the DFS is going to be released - the directors need to inform the market when it’s expected!
Having said that no one trusts KFC …hopefully CEZ will announce very soon
SO you are linked to market reporting? I think not. Sun is out and that gate needs leaning on.
I guess you should ask that question to every person associated with written or televised financial market reporting. Sharealot. That's a lot of sad lads
I'm in agreement with Happy but it's totally just a guess
They have already been working towards the new facility hence the delay, so they are not re-doing it
End of Q3, or Q4.
Moving a facility is a large amount of reshuffle & work for project planning.
DFS will be issued this month, May 2024, they said it's almost there so should be in the next few weeks
So who amongst us is going to say when the DFS will be issued?
We all like speculating, so come on…
I’ll go for Q2 2025. (After a prediction that statements are to come that will suggest Q4 this year and Q1 next.)
Maybe I’ll be surprised and it will be in time for the EU CRMA time frame posted earlier.
Why would a non-share holder worry about a share at all, @Skelly85. AKA (SAD LAD)
Yes I am refereing to CUSN, but I dont hold any of those shares, they have risen rapidly in last few weeks, as have EMH sustained news flow would assist our progression....
Good to see a price for Tin that we can at least imagine we can be using in DFS calculations
And also just pointing out the BS ramping from wise/fingers/reversal/robinhood. Why would anyone car about a 50cent buy on asx when the days volume was a quarter of average?
Not sure what makes anything obvious about missing out on something that hasn't happened. Since the frequency of pointing out the obvious flaws with EMH hasn't changed.....
I see the "derampers" are out in force this morning. Obviously bitter about missing out on the price increase
Are you referring to the CUSN announcement this morning? Are you a holder as well, Sid?
Was great news and yes, I think that projection is only good news for Cinovec.
Good Question
Worthy of an email to KC that SID - I tried to find prices in PFS+ but found nothing mentioned for SN specifically.
I have sent him an email this morning on another subject - so would you do the honours ?
I wonder if our DFS has used $31,000 as the base case figure in calculations for the Tin that will be mined at Cinovec, this price haz been used in another companies PEA today?
I'm just worried that factual information from credible sources can cause a split in Wise's identity and he'll stop forecasting the imminent news of 17 *PROJECTS* (which were always just going to be raw materials named under the act with a process to follow for actual projects, clear as daylight, I guess even to the rampers assuming to con newcomers into an impulse buy)