Member Info for BushyTailed

Importantly if you do call the support is that resistance should be circa 6.2.

When you do get a bid this time don't get too excited and miss your opportunity to sell.

Support should be 4.82 this time shateswatter

Heroic, you don't need to invest to be interested. Some of the best lessons in life are free👍

Exactly shuvlin... Why would someone take part in an exclusive auction for a guaranteed 20%

What price the next placing?

The placing participants really cutting their losses now

Yeah confused because it's as not as if anyone posted on here what the problem was.

I guess that's what you get for green boxing people who say things that you don't want to hear.

Somebody did ask if the current cash position was enough to see Kor through to commercial production, to which TH went on about the how 7 mill on cash and 23 million from the placing would comfortably see Kor to commercial production.

Not exactly the same but maybe they thought that it answered all questions about any short term financing concerns?

@Guvvi and Dragon

Not sure if anyone else would agree but I'd certainly be interested in at least hearing what your questions were?

Yup that irked me too merrywep. Personally I also don't buy the artisanal depletion excuse either.

I think what is much more likely to be the reason for the poor kor ramp up, is that the oxides just simply didn't match up to expectations. That said though I think the 2024;guidance range is fair and is there to be beaten.

First 9 months of the year Jammin

100% Kalan

Never try to call the bottom or the top, always wait for trend confirmation and leave something in it for the next man.

Incorrect Billy... PE ratio is absurdly high at circa 13 times with little to zero cash, falling revenues, increasing costs and absolutely nowhere near 12 years supply of ore at commercially viable grades

Dorforno

Have you worked out the cost of sales yet?

Bluebelly....

Can you recall how much 4k ounces of Rhodium sold for in March 2021?

I think it was about 120 million...so long as you get a 10 buck increase in the chrome credit, it probably balances it out

Chrome and pgm"s are inversely correlated.

It's like losing a tenner and finding a pound....Chrome is not going to save you

TIcker ANTO

Rising costs and lower sales is not usually a recipe for earnings growth. You might all be right on 18 months time but that's along way to with negative cash flow

I think you're forgetting the cost of goods Jonah. They were 120 million last year.

Inflation adjusted and module capex and it'll be closer to 160 million this year, which is likely to be nearer break even before ITA and loss making than anything else

If you still can't see the cash crunch issue on the back of the most recent placing then you don't really know what you're talking about.

Well done Equan...

Was thinking about you yesterday.. well cursing you for calling it bang on anyway

Well done fella, if we get a pivot later on then you'll be my new hero

The best thing about the collar and I'm not usually one for hedges but it, guarantees circa 40 million cash flow and with the 25 million placing, the company only needs to cover operating costs to meet the 2024 debt payments.

In theory of course, as there's always room for near term slip ups to gobble up what cash we've got.