focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
The Zulu plant will ,for the first time,achieve nameplate plus production of SC6.
I have earmarked June for this event.
April and May,work to continue on Zulu plant.
Despite the content in the interview I am prepared for some major alterations at the plant.
Finances sorted for Zulu, debts held by major creditors cleared,contractors paid.
After a rocky start the SP will reflect growing confidence,expecting a rise to 0.60 by the end of Q2
The plant "MOT" should be finalised Q2[2] and shareholders will be informed.
The JV on Prems other assest should be finalized.
At the end of Q2 suggesting "Red/Amber" be moved to "Amber"
Acker
Clueless-1
How I see it;
Zulu only
Q2 a period of consolidation, production runs, and financial commitments Base- working off 0.60
Q3 first indications of production stability, good grades achieved, further moves to increase output Base--working off 0.85
Q4 Higher lithium prices increase rewards on Canmax contract, tantalum excites the market, tonnage of SC hits record high. Market prices for technical grade allow a very good reduction in prepayment liability. Drilling at Zulu continues to get promising results EOY 1.35/1.50 {see additional factors not in this price]
Acker
Some clarification please:
To approve for the period commencing twenty four (24) months following the date of this AGM (Period), the disapplication of the pre-emption provisions set out in Regulation 1.5
of the Company’s articles of association in relation to the issue of, or the grant of any right to subscribe for or convert any security into, up to a further four and half billion
(4,500,000,000) ordinary shares, and to authorise the Directors of the Company to issue, or grant any right to subscribe for or convert any security into, shares in accordance
with the provisions of this resolution, but so that the Company may make offers and enter into, agreements during the Period which would, or might, require shares to be allotted
or rights to subscribe for, or convert other securities into shares to be granted after the Period ends
Money is raised for "offers and agreements" not general working capital.
Views welcome, a lot of red wine last night.
Acker
Martinigirl
You don't have to be that bright to follow the workings of Premier.
Not buying the sob stories, the negative rambling the can-kicking.
There is only one person who presses the "buy" button.
People should grow some, this is AIMS, not a building society.
IMO the best course of action is to wait for the fundraising package and then take advantage of the drop in the SP .
Once the finance is sorted we can then concentrate on production.
Acker