PYX Resources: Achieving volume and diversification milestones. Watch the video here.
agree, 5-10%, but we are the ones paying for gr the oneman's ****show ! gla!)
my investment decision is not your business ! nobody knows that gr is thinking as the plant is clearly not working out and stark walk out with a reason !!! if the final product in average sale price (if any) is below $1000, why bank want provide a loan !!! so to fix all the problems gr stated,, 300 people on site, $35m squandered + raising interests from canmax , where the next money coming from??? i am just ****ed with gr , the 2ndhand cars salesman !!!
Not Really !!! License is NOT positive and easy BUT with Products of SC4.5-6.3, contaminated with Iron and Meca 27% remember ?, production cost $800(over 12months, meaning initial cost will be higher )+$150shipping cost , that is min$950. China CIF forBrazilian SC$1115, not raising),Li2O3-4% is $485!! That is my biggest worry . We not have SC6 as contracted yet ...So ......but bomb potential to turn the whole project into big disaster !!! Price for not having DFS!!!GLA
Not really , the so-called saleable is 4-6.2%, Li2O3-4% China CIF is merely $485/t! so even Prem managed to sale some, the nameplate capacity of SC6 of 4000t/month is NOT achievable for a long long time. With current hand picking (instead of machine sorting), 3rd party financing is a very tall order ! hence a money loosing operation to last for a long time , WHO will finance this ???
Hi Steve: GR is obviously " learning while managing " kind of one man's show here and Perm has no proper management team ! Can you ask Mark to put this serious issue straight to him and asking "how much longer he intend to maintain his role as The Perm's Chief Value Destroyer " please!
Https://finance.eastmoney.com/a/202312122930464457.html
Google translation : Hainan Mining said in a recent survey that the Bougouni lithium mine is open-pit mining with good mining conditions. It has obtained environmental approval and has a mining license. It currently plans to construct and develop it in two phases.
The first phase is a heavy medium mineral processing plant, mining and processing the Ngoualana mining area, with a designed mineral processing capacity of approximately 1.4 million tons/year, and a planned annual output of 100,000-120,000 tons of lithium concentrate with a grade of over 5.5%. The first phase of the project has begun preparations, the construction period is 12 months, and it is expected to be put into operation by the end of 2024.
According to market conditions, the second phase of the flotation plant is planned to start construction in 2026 to develop fine-grained spodumene resources in the Sogola-Baoulé and Boumou mining areas. The design capacity of beneficiation is approximately 1.5 million tons/year and the output grade is 5.5%. The above lithium concentrate is 150,000 tons/year.
GLA
Https://finance.eastmoney.com/a/202312122930464457.html
Google translation : Hainan Mining said in a recent survey that the Bougouni lithium mine is open-pit mining with good mining conditions. It has obtained environmental approval and has a mining license. It currently plans to construct and develop it in two phases.
The first phase is a heavy medium mineral processing plant, mining and processing the Ngoualana mining area, with a designed mineral processing capacity of approximately 1.4 million tons/year, and a planned annual output of 100,000-120,000 tons of lithium concentrate with a grade of over 5.5%. The first phase of the project has begun preparations, the construction period is 12 months, and it is expected to be put into operation by the end of 2024.
According to market conditions, the second phase of the flotation plant is planned to start construction in 2026 to develop fine-grained spodumene resources in the Sogola-Baoulé and Boumou mining areas. The design capacity of beneficiation is approximately 1.5 million tons/year and the output grade is 5.5%. The above lithium concentrate is 150,000 tons/year.
GLA
GR is just a 2ndHand Car Salesman , yet he enjoys the power game so much, pathetic !!! Not only Gov but also serious investors see this clearly !! So GR must go for the sake of the project, also for his retirement life, GO ASAP!!!
Not Only the Gov but also investor will be put off AS long as this GR the 2ndHand cars sales man still there, GO GR for F sack!!!
Sums up: 12 months to develiver 20000t/yr with cost $580-680/t so gives Kod's 49% £65m/yr profit (assuming 140000/t price) ...take 5x earning, SP should be 2.5P minimum by then, excluding all other assets of Kod. https://finance.eastmoney.com/a/202311212909745613.html...https://pdf.dfcfw.com/pdf/H22_AN202311211611755412_1.pdf
I got feeling that Kod used very conservative pricing but extremely quick payback time model is to attract as many interested investors (major or minors ) possible for the next round of funding negotiation , first thing is an solid Off-Take deal , then either direct bank financing for Kod led direct production or JV option. So in any case, game is on and I am holding and adding when cash permits ! GLA
HAA is a con-man so forget about funding!!! GLA
Don't bother trying to convince Rob Stocker as I am pretty sure either he is paid by HAA or he is just completely stupid !!!
IMHO. good news , implying jv and offtake negotiation (most likely with Chinese ) is going on in parallel with the Licence approval, could be a demand by the Mali Gov to ensure fast production!!! GLA