Member Info for Cowboi

What impact will 1.15% have?

In the first quarter there was 29000T produced and if it has been 10000T/m since that is 59000T at an AISC of $637 is a spend of $37m. The two shipments this year have generated $62m so hopefully $25m due to flow into KMUK but I guess it makes sense to keep that in LMLB until the fourth shipment is loaded.

You’d have thought from the 3 shipments bringing in $69m in revenue they would have repaid the Hainan and kod loan and now began the capex recovery.

I’d have thought the $15m Hainan loan would have been repaid by now considering the cash flow. Wasn’t it due in April? Hopefully the Q2 report will give details of cashflow from LMLB to KMUK, all we have been told so far is the initial $21.3m and from the accounts that was needed to fill a black hole.

Have they technically declared nameplate yet so AISC not applicable? Or was hitting the 10,000T in March considered the declaration so the quoted AISC of $637 is applicable to the last 3 months and future production?

When will a recording of the agm be available? Couldn’t watch yesterday live.

I am hoping that as Kod have clean pegmatite then it will be a lot easier to set up the flotation plant than what is going on at Prem! Must be a few years since people were arguing which one would get to 1p first, neither side would have thought we would still be waiting

It does look like after many years Kodal will be a bottom drawer share that finally pays off. Patience is always key on aim.

Whilst the MSC trial is the big company maker so understandably the focus are opportunities passing us by? We are waiting for developments on Sparkle Power, that was actually a trial successfully completed but no signs of progress. When there is such drive for net zero in the UK and the government are backing companies like ITM is there an opportunity for QED to get government support. Could the decommissioned oil power plants, or even the coal fired Ratcliffe, be converted to run on Bio MSAR?

Also why not approach Karpowership that supplies floating power stations and has 8000MW of generation capacity, like Sparkle these use MAN energy engines so could utilise MSAR.

It is frustrating to see slow progress if the fuel is as good as they say.