The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
It's an excellent setup that means almost all project are progressing, rather than one at a time.
By all accounts, the teams engaged are highly rated professionals. Bodes well IMO.
Most of these outsource suppliers get fully paid when contracts complete. So they won't be hanging around, especially so as copper exploration moves into a purple patch right now.
Just one project coming off will move this significantly IMO.
57% Gross margin on $350m. Tasty.
Let's be conservative for tomas... 30% Gross Margin on $350M, still a Tasty $100M
And that's just the US market.
Read the RNS again. I didnt read 2025 launch in US? I read, profitability in the next 12 months. This this implies a much keener timeline on revenue growth. And likely newsflow.
57%!
57%
I'll leave this here... 57%
We'll need an RNS in the morning if there is anything substantial to be said in the presentation.
Hopefully we don't have any more rash statements to scare off the market; we could use some positivity :-)
His answers shouldn't be confident about the detail. He wants to stay in his office, out of the detail and run the company! Deal with board level activities and stick to high level statements. Like .. its running continuously, being optimised, progressing.
Let the engineers and project team optimise the detail of the plant process. Thats their job.
He should take his hi-viz vest off and stay out of their way! ( And off podcasts 😀 )
For sure, you are not likely to hear GR and ramp in the same sentence.
Too much detail, why doesn't he just say: 'the plant is running continuously from yesterday and the team are optimising efficiency and output. I'll RNS the first shipment in due course'.
Leaky RNS? Who knows, time will tell. Nice to see blue on the page for whatever reason.
One thing is for sure, keep adapting and doing the right thing, you'll eventually get the right result no matter what is written by the de-ramper.
My estimate is Q4 or Q1 2025... just the amount thats tbd.
What's the forecast for first dividend and at what level do you think it will be set?