Member Info for Blonde-ad

Highest volume for c. 5 years - good sign, but still need that DFS to land, and prove good enough to complete the construction investment.

If it does, then perhaps we’re finally off to the races…

Give it a rest

You’d think so, but then the recent trend seems to have been to wait for a low, then apply a discount. How generous

Given the reported 0.74 number of quarters which could be funded with available cash, this takes them through to first week of December.

So, question is does money get raised before or after they've announced results of DFS? (assuming no further delays, which in itself is by no means assured).

I guess they'll do it before, to dangle the carrot of short term gain to potential investors, as there can't be a lot of confidence based on performance to date.

Hopefully they won't raise too much, but it seems inevitable there'll need to be something in the short term to keep the lights on

I agree that the time involved is completely nuts, but at least with all other projects facing far greater opposition it increases the chances of this finally happening.

If it does at last get off the ground in 2026 then there may be some light at the end of the tunnel, albeit if we'd given honest info by the company in the first place I may have waited half a decade or more to think about investing.

Perhaps there’s no one sensible left?

Eia finalised

JTF funding released

Development schedule defined

Not holding out any hope for offtakes at this point, but perhaps a further ebrd investment, plus likely another fundraise, although subject to the above ought to be be at least a few pennies above current level

Best thing which could happen now would be a buy out. End this madness

Will it be December though?

No point selling at this point, but Keith really is pushing the boundaries on false information

I think he knows what’s going on, but chooses not to tell us

Presumably still gritting his teeth and putting up withe same nonsense as the rest of us..

“This time next year, rodders….”

Couldn’t make it up,..

Except they did

As expected.

Most likely what the market as a whole expected also given what’s gone before, so I wouldn’t expect much price movement either way.

As long as things overall continue to move in the right direction, then I guess we just switch to the Cz news outlets for updates. Not ideal, but seems more reliable than either RNS’ or interviews with increasingly weary looking lithium bulls

KC missed a trick for ambiguity there!

‘· DFS on track following additional test work indicating potential reagent and waste reductions; with completion target of October 2025.’

As usual then

It does, once again, come back to whether or not KC would have had reason to believe there were likely to be further delays in release to the market when the last update was given. The election and likely outcome were known. The fact that Babis has previously interfered with the project, also known.

So why state on target for October?

To get a boost short term after placing? Doesn’t make any sense still

They won’t bother with that until Friday in any case.

I think the last wording for the DFS was ‘on target’ for October, but then that was then, and this is now, so who knows…

Seems strange that we're seemingly very close to some big developments, yet having had above average volume for the last couple of weeks, the trading has just stopped...

And… sure as night follows day, the green filter box follows informative posts.

Thanks for all the useful links guys!

It could also be partly to do with not wanting to 'spook' old school investors with any talk of renewables related power generation. Stick with what you know etc. At least until they're sure it's going to happen, and going to make them more profitable as a company. CEZ has been on a good run lately, so they're probably trying to keep that momentum (whether justified or not I have no idea).