Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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
Review:
Lithium Carbonate Price Reveiw & Forecast
iconMar 15, 2024 15:28Source:SMM
The recent recovery in lithium carbonate prices is due to previous production losses and environmental restrictions causing a spot market shortage, alongside a demand resurgence and restocking by downstream sectors, resulting in a supply-demand mismatch. Lithium carbonate supply is expected to increase as smelters return to normal and imports arrive. With downstream cathode producers sensitive to high costs, the potential for rising spot prices is likely to be limited.
Lithium ore
In the week ending March 14, lepidolite prices remained steady. Despite a recent increase in lithium carbonate prices leading to firmer pricing by some miners, the slight rise in quotes was met with resistance due to the lack of strong demand and weak downstream procurement for lepidolite. Consequently, it is anticipated that lepidolite prices will continue to be stable for the foreseeable future. In the week ending March 14, spodumene prices increased as lithium carbonate prices rose, driven by strong buyer interest and active procurement. Tight spot availability of spodumene and a bullish futures market have made lithium salt producers more open to higher spot prices. The Pilbara mine in Australia sold its 6% SC at a presale auction for $1,200 for December delivery, a price lower than expected by some lithium salt producers, mildly affecting the spot market sentiment. However, the corresponding lithium salt cost based on the latest auction price of Pilbara is higher than expected lithium salt price for December 2024, given the concerns over a potential oversupply in the market this year. Short-term expectations indicate that spodumene prices may rise in future trades due to profitable margins between production costs and futures market prices.
Lithium carbonate
The recent recovery in lithium carbonate prices is due to previous production losses and environmental restrictions causing a spot market shortage, alongside a demand resurgence and restocking by downstream sectors, resulting in a supply-demand mismatch. Lithium carbonate supply is expected to increase as smelters return to normal and imports arrive. With downstream cathode producers sensitive to high costs, the potential for rising spot prices is likely to be limited.
Lithium hydroxide
For the week ending March 14, lithium hydroxide prices continued to rise, with producers maintaining firm pricing for spot orders while focusing on fulfilling long-term contracts, reflecting a strategy of limited stock release. Recently, demand for high-nickel ternary batteries has increased due to popular vehicle models, boosting interest in battery grade lithium hydroxide. However, with cathode producers having sufficient stock from past purchases, their buying is cautious, resulting in a modest increase in market transactions.
Acker
Elliselblow
I spoke to the owner of PremierMagic following the run of the race.
He blamed the jockey, the trainer, the going, the lady who was licking ice cream in the 3rd row, and the government for the poor run.
Acker