George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
But if PREM have to pay back we have a mine a plant and a load of jamboree bags which if it’s good stuff can start selling or looking for a better deal it’s what in the bags that will drive us
If it’s sc6 then it’s lift off time
What I need to see is SC6 quality bag after bag after bag The company needs just that then it can deal with who and what they like no be tied to a single entity that what makes a market
It would appear that 3rd parties are now adding bits to the plant jigsaw stating new technologies implemented into the flow process and production hope we are not a glorified test bed for STark this element is to further take water out of the material being produced which should help up bag higher grades in my view let’s see. It’s DAF which takes the suspended solids and crap out the dam water
3 months of tweet hype false hope then 16th FEB onwards the old GR started going back to normal just like RHA production started but nothing decent output this time Stark onboard and they too have closed any decent comms ffs GR what did we produce just tell us at least we can digest and where are we now plant running ? Being tuned ? Stopped await some sample results ?
But we need to paid for it , and we dont at present have a revenue stream ,,, GR and stark have put us in a bad place imagine the new , all those 800- people not paid !!! How the hell did we get this far without a real plan B
SK saying transformational month …… since how many months back. …. Just like GR and and that word soon however you spell it
I know it will be good to reprocess the already filled bags but where do you enter the contents back into the process flow ? As it’s now dried I assume ? Also with the tweaks how can they tell what quality is being produced and if it dips without this lengthy wait for any bags what happens if quality drops due processing how wi they know on site to stop the process and address the issues resume and valid quality is back I think we need to find out more fro stark and PREM
I would assume that the bags already filled will be reprocessed , to get better quality , only issue is get the results seem to take ages before we know what is being processed . or leave the bags , start processing new stuff and see what results we get after a bit of fine tuning . GR did say he could do sampling on the processing
What grades are we producing if SC6 grades the Sp will react at present we know nothing but GR stated we do our own sampling so what are the grades. What’s the on-site lab for ?
What’s in it ?????
Sells good stories but never yet delivered again he is ramping up the output before we have produced anything I wish he would be realistic not ballistic
What is the wholesale value lot less than retail ? Maybe the stones have been tampered with. I.e replaced , some lost mmmm
Hope so but hope the grades are good need to here that from GR but I guess it allows us to send less than SC6 quality but better to reprocess lower grades
Trying to work out what this really means going forward we had a loan for a plant to be paid by selling them product 50% paid on leaving site . No product in a certain quantity by a set time means interest payable and poss to have to find all loan monies. New proposed deal plant safe and loan re defined upfront prepayment to allow us to operate. Where the plant repayment gone or is it still there do canmax have total control over all output if so for how long , what about money to progress other assets if we don’t control the money we make ?
I see a total sale for Zulu on the cards and maybe if the EPO area gets a licence and drill results good a full sale my only open question we need money to progress EPO area and other assets in the short term
1) LI3 -
2) MHN payback - still no accounts provided after how long ........
3) EPO extended area
4) RHA Update
the bigh one Zulu grades and funding , was just thinking still no EGM notice funding till end of month only just ... what about the all the work building up wages for the employees and work going on on buildings info structure ... surly we can't just stop it would be embarrassing Stack loan to cover costs ? due to incorrect design is that poss lots of options friendly loan ?
Good understanding of how it flows now we need to know what grades are coming out that is all we need to know as less quantity and more quality is key here along as it’s cost affective . That’s what Any potential investor needs to know and confirm even canmax before pen to paper
Maybe the grade results are a determining factor in any deal if good that’s a good deal we could get and help to get them fully on board and if they call in loan get other parties in. If poor good knows what will happen
Can we all move on , people have their own view and should digest and check anything which can affect their investment decisions so can we bury this thread and the crap it brings