Member Info for Awax

Need to give it a few weeks to either say the toll deal is on, or to clarify the route to revenue we are taking. Calibre in the driving seat now and I'm wondering how MC's conversations have gone? Director buys have been completed and we wait.

Thanks Dungder

Yes peononon….ononon to profitable production and watch for Shearwater selling their stake in the gold?

Oh dear oh dear......hadn't realised that taking on a draw-down facility was the same as issuing new shares....doh

Some businesses are struggling to secure finance at the moment, so it's good that we have this on standby ( as that's what is seems to indicate ). Hopefully the draw-downs won't last too long once we get into full production, possible 40% uplift with seven day working week and tungsten price heading in right direction. No indication though on plans for other Spanish assets ( ie copper and gold ). Was there any mention of this at the AGM you guys who were able to attend?

Might just be that talks are more advanced than we realise. Yes it could be at the end of the month, or the news spill into November. But when the finance is sorted we'll be the last to know, so it would be wise to watch out for trading patterns from mid-October. Yes I did say when, not if!

Likening the investment by Ganfeng to buying a car would sound better if the example was investing in a machine which makes money, rather than depreciates?

"The Bacanora project team in Mexico continues to progress the final design work for the mine, concentrator and kiln sections of the processing plant. The Ganfeng technical team has initiated work on the hydrometallurgical circuit and is reviewing sourcing key sections of the lithium production equipment from current equipment suppliers in China".
Work will be well advanced in reviewing the costings to bring to production. This I believe will give a further boost to the SP along with some timescales for revenue. The Chinese are clearly gearing up for battery production to help capitalise on the coming boom. Once costings are known then any capital raise will follow. Germany might be news which arrives in the meantime. All positive here imho.

Many private investors have seen their portfolios battered over recent weeks, so taking profit in whatever form it takes. Wrongly imho as this will be back well above 50p as the further news is released over the next 2 months

Fastjet…...enjoy the 12th. Family day can't escape!

I think most hold out on here, the hope of a re-list at a price which will warm our hearts. And on that day, and on the boards....."This story shall the good investor teach his sons and daughters; And Fronterans shall ne'er go by, From this day to the ending of the world, But we in it shall be rememberèd—We few, we grumpy few, we band of brothers and sisters;
For they for these past months that have shed their tears with us, Shall be brothers and sisters; be we ne'er so vile as shorters. This day cometh shall gentle our condition and bank accounts; And gentlemen and ladies and others in England now a-bed shall think themselves accurs'd they were not in here, And hold their personhoods cheap whiles any speaks
That fought with us during Frontera's dark days".

Those who have been here long enough know that CF was really meaning swing pants...………………...TM

Belles....just saying that they normally do an all encompassing rns. Personally I will be happier if they separate out the deeps, as it keeps the communication flow regular. We all very much look forward to them including deep production figures, once they have completed the flow testing. Monthly reports of 3000, 4000, 5000 bopd are something I believe we can look forward to in the very near future.

Two interesting points...…...a promise of monthly report on production ( further clean ups and new wells to bring on ) and no mention of the deeps. Is no mention of deeps a good pointer or not?

Was a buy......

Just looking in this morning and decided to add here. You would expect that this would return to at least 50p when the Ganfeng deal fully signed off next week. Massive assets both here and in Germany with Li being a commodity for the future.

Then there's also the risk from that thar pirate ship working around the harbour?

But serious question now........has the shaft excavation progressed sufficiently to be big enough to shove down and bury 650 of the establishment and an old speaker? ...... no not the Bose type!

Large landowner in North Yorkshire, local gentry, well connected and an establishment figure......think I qualify as most of that must get practising that dodgy handshake, but going to buy a few more first. Now where did I leave the tweed jacket?

Like the move from coal to gas, high street to online, etc etc structural changes happen in the economy. Diesel cars/buses have a very limited shelf life now. New industries arise and new products come onstream...…..AI, EV's and better ways of growing crops to feed a massively growing earth population?