Member Info for AIMtodeath

I'll take strange....... closing in fast on BKT bank paperwork finishing and hopefully the brakes come off. We certainly know it opens up progression through definitive knowledge of what we can reply on in country as not having to pay for or can use instead of previous choices. This should usher in the completion of the final DFS figures for finance et al.

And salt water is not toxic at all to wildlife and plants..... /s
Didn't they want a dry tailings in case 'salty' water leaked out....

They literally had a WET tailings dam.... Jesus wept....

From what I gather EISA was going great guns although not the fastest, until a certain politician decided water needed to be protected more and hence the reworkings for a different water strategy. One cannot argue it was a fair question to ask in a low rainfall country and appears that a decent solution has been found that they have actually touted as even saving money in some cases (shorter pipeline), which goes onto ANY mine needs water. If Morocco wants some mining they have to let them have access to water, therefore this new plan would be the lesser of 2 evils, if there is no other alternatives (that you would take seriously) what would any company do? Basically, no mining for anyone and that would be a bad idea, this is a good income and export for the country....Indians will need supplied....who from if you stop companies mining due to water use. They cannot magic water into existence they have to use what is available.
Dry tailings are also more preferred these days after recent disasters in other countries etc, so again I don't deny them asking for that either.
Possible that OCP are dragging heels so EML took a shot across their bow, we have interest but door is open. OCP are expanding themselves so maybe happy with their lot, plenty of market to go around, but this new Indian demand might change that. Morocco itself will be asked to come up with the goods and ACP are one of their choices for supply to fulfill that demand. OCP would have been allocating future supply into their expansion within Africa, they might not be able to fulfill both. The deals we have already are good too, they might not be prepay but financiers like offtakers over a take or pay barrel as easier to sue for the money than if they just stop taking product on a normal contract. The offtakers are big too, especially one of them, deep pockets. When lithium first popped Chinese were the offtakers and when it went soft in Covid, they just stopped buying, screwed price down and/or broke contracts....no chance of suing them. Large international traders in Switzerland less likely to get away with going back on deal I'd have thought.

EML does not have the best mining opex, but overall costs manages to keep it in lower quartile/competitive to FOB.....capex makes it attractive to invest in as less risk to get the mine running and competing for FOB agaisnt peers, buyers that pay their own shipping will want it as close as possible, hence EML touting the Brazlian market versus buying from Canada. Say same selling price FOB but one will be cheaper to get to market.

- I'm sure these really stupid people didn't have any contingencies or deals on how the licences would come together.....

'It would obviously be prudent for the deal to be signed before any licence changes occur.' - But they won't have a deal if they do not get the licences, this 'may' be the route they have decided to take with 'appropriate' legal paperwork. Everything is maybe go and relies on 'anyone' in the JV 'to be' group getting it under control.

This application was made back in November and I am sure everyone in the JV talks is aware that it was made this way. It would hardly be in the spirit of extensions to the JV for AA to take something of ARC's. I should imagine the deal would come to a halt and some legal proceedings.
Is it not maybe that the renewal would cost some land, so better to be applied for by someone else in the JV to get the whole area. Then if they get the whole area then JV goes ahead, if they do not get application then neither ARC or AA get the land etc. Bottom line is someone needs to get it and the one with the highest chance gets a go at it. I'm sure these really stupid people didn't have any contingencies or deals on how the licences would come together.....

But the seller seems to have even bigger amounts to offload than anyone can buy....nuts going on for months now.

stepping up the size....

Has the JV company ben formed?

https://twitter.com/MoroccoTimeline/status/1609964994069684225

Small buys and sells! Are people playing around with these no trading fee sites.

India coming to buy it....everyone wants it...

https://www.livemint.com/news/india/india-to-secure-raw-material-supplies-to-make-fertilizers-11672422433993.html

No excuse for their behaviour, they proably argue at their reflection in the mirror every morning and then fight their shadow all day. One man versus the world of tards....

Blah blah blah blah blah blah blah blah blah blah blah blah blah.....
yawn.....

Says they know x and y but when they come out with the end of day rubbish kind of ruins the illusion.
Advfn someone says he used to be Lloyd Philips, that name has history on twitter.

Now I think about it a little more stating Graham doesn't know what imminent means is actually 'opinion' not fact, you are assuming he didn't know what it means because something didn't happen imminently, so maybe you could say he misjudged, or he was lying, or out if his control so was remiss to use the term... But I'd bet he does know what imminent means...

Love how you think everyone here does not know what risk is and we need your help.... The self importance is astounding. The big boys often do not invest before finance/build and £100m Mcap minimum, think this is well known, but you think we just learnt it from you. Every phase until production is a risk/hurdle. Surveys, Trenching/sampling, drilling (finding resource), material testing (can it be sold), finding a big enough resource to warrant mining, scoping/pfs/dfs (can it be removed economically), mining licence, ESIA, finance, build, production ramp up, country risk, macro risk...... I just watched a tiktok video, did I get most of them?
We just happen to be at EISA risk. EISAs have ramped up in importance and scrutiny in the last few years and rightly so, no more leaving nasty polluting scars behind. Govs being way more cautious and lenders more picky. Tell me if I'm wrong I just watched this on tiktok too, the greater the risk the greater the reward? So if I invest pre ESIA I seek to get more return than if I invest after? Please clarify so everyone on this BB can fully understand what they are doing.

Testpak... Always one on a BB that thinks they know everything and knows more than everyone else. They just shout louder and attack other people when they are challenged.
Fact? You say that the Government are going to do a fast one on EML... Fact!? Really? And you wonder why you get told it is tosh. Conjecture at best but not fact.
Whinger? It might be fact 'in your little mind' that Graham doesn't know what imminent means, but it definitely was a whinge. Yep, whinge. Angry whinging is all you are good for, you must be so deep in the red to find so much to whinge about. However, if you do not own any shares why are you here? ARCM has an Ella and a Cilla, ACP has an Amtech, EML has you.... Oh HZM has ContrarianInvestor.... Angry, obsessive, negative, only person that knows the score, driven to tell us all they are right.... List goes on

Is it not prudent? Do you want to pay for the roads? Do you want hydro electric or diesel gens?

You are a whinger?