Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
1. The trading halt is necessary as the Company is undertaking a bookbuild in relation to the
capital raising.
2. The Company wishes the trading halt to last until as such time it makes an announcement to
the market concerning the capital or Friday 10 May 2024.
With or without the Li results
Hope the Parmo chef guy up in the north east isn't too devastated by the current price. We seem to have lost a few good & hopeful folk along the way.
If you have sometime to spare this weekend, take a look at De Grey. Looks excellent and not suffering the Lassonde curve orphan period. PI's on Hotcopper are all over it.
Been topping up on Jupiter fund, rather than BlackRock, Ned seems to know what he is doing. More chance of making the right choices than I have. Over 9% in de grey, looks a better Aussie option than GGP, open cast mining always cheaper. Guys on Hotcopper are very excited about DEG, no wonder looks huge.
The Real Thing? Pierre Lassonde, Eric Sprott, Michael Oliver, Luke Gromen & Ned Naylor-Leyland
https://www.youtube.com/watch?v=Zw_WIfbvxuM
Topped up my fund managed by Ned. Lassonde says one final pullback, right so far.
All 4 companies are interwoven. GRE, UFO, ARV & ERW. Same issues at all too, the lack of cash for explorers is the norm., but the broken promises is common to all 4 too. In Feb GRE said they would drill the Osborne JV ( with ARV ) in March - no drilling yet. Why is ERW not getting on with proving up it's Li.....Worth getting the PI's views on Hotcopper - much less sniping and more exchange of info.than here.
The quarterly updates on ASX include cash flow and some expenditure figures, would be useful to have the same for
UFO.
Will be interested to see what you conclude Sin. Is it just a game of chess or is there an end game?
Apart from RS moving his chess pieces, is the JV more to do with existing mining licences?
Li is still well down, the world and his wife are out looking for it, some are listed here:-
https://www.marketindex.com.au/commodities/lithium
ERW is supposed to have one of the best Li tenements already, next to Azure. Short of cash too, share price down over 50% this year. Nothing to be gained by 4 years of work at Pinderi Hills, just the usual Bennelong games.