Member Info for GaiasKidney

Auditors would never have signed off on the going concern without being given very solid assurance the extension is defacto in the bag.

Rns 7am

25/6 rns:

"Based on current mining and stockpiling activities, the Company expects to have sufficient ore available on the ROM pad to recommence plant operations during July 2026. This timetable remains subject to mining performance and other operational factors"

"The Company may seek to market and sell certain quantities of concentrate produced during the commissioning process in country.."

6kt of rom, yield 1kt?, discounted local sale @ $1.5k/t? Could be useful to get a heavy mining contractor moving.

May have to nicely ask CANMAX

Since CANMAX have first dibs on the first 50kt of SC6eq that Zulu produces and so call the shots a careful read of RNS 3/8/22 will reveal what the price triggers will be and when they will hit.

"The moral of the classic "Golden Egg" story (Aesop's Fable of The Goose that Laid the Golden Eggs) is that greed and impatience can lead to the loss of everything. Trying to get too much too quickly often results in destroying the valuable resources we already have"

Now now don't over blow it, actually down a small 90% since he got behind his desk. .. and it was obs then a shed load of cash was required. A look and wait situation.

Buy from April looked appropriate. Me 60% up on that.

GL with your investments.........lot of time invested anyhow.

Have a pot of trading shares to sell in the co prior to getting new issue shares.

Then one can sell what you like when you like knowing they will be replaced when one gets one's subscription from the placing.

Flippers mostly make a decent income.

Presently I'm quoted sell 207 buy 226 for 5m

It now seems highly probable the next Zulu production rns will have grade assays from this run. It is also getting more likely by the day this comes out before any further dilutive funding announcement.

An interesting conundrum for those banking on a cheaper entry price.

Tick tick.

Good work

"kicking back enjoying a beer"

Yep doing that with 10k up after month one regardless of someone's 177 posts.

18m view here.

GLA

Interesting that the identified dates for this 'interim operational budget ' ends exactly 1 month AFTER the long stop ends.

I guess the "first concentrate production " criteria is the hurdle canmax will still be wanting to see?

It'll be a day.

For the paddle shaft. The vid:

https://www.lse.co.uk/rns/operational-update-and-funding-satnsmic5zg6b1g.html

All the rest - particularly all the paddles are there. Just needs some nice new 2" bearings - about ten quid each from amazon I believe.

Will be nice having new balls rather than the load of old balls daily spouted here. Five week count down.

Guess the first spod grade announced? I'll go for 5.2%

GLHs

As will be

Decide? Divided by.

First the selling price of Ewoyaa's sp6 minus the aisc is going up and up. Call that number A

Second the value of producers paper, ie the likes of Elevra and other producers who may be eyeing Ewoyaa, is also rapidly on the up, will be their cash position. So for them the cost to finance Ewoyaa is becoming ever less compared to their corporate value. Call the Ewoyaa development cost decide a typical producer mcap B.

A/B ratios are going through the roof.

Time is the important measure. With all permissions now in place and Elevra now wanting to renegotiate the jv Atlantic should stipulate a time limit say six months on FID on Elevra or void the deal. This would do two things: force their hand one way or the other and show others there may be 9bn of high grade spodumene for some 200m plus your bid soon coming up.

Https://youtu.be/WCSb635KQh0?si=HIOCAkNK4euihvc8

Rapid growing lithium demand is now entrenched for the next 20y+ AISI

If Atlantic avoids t/o and sticks to it current plan there will be 12+ years of very impressive returns for the longtermers. Again AISI.

GLA.

Always a good sign someone appearing trying to talk down the price thinking they can get a cheaper entry.

Best of luck with it.

Thing is present world 'events' appalling as they are true, but are only good for lithium.... countries who depend on imported fossil fuel will soon decide to move to the energy independence and security pv and bess provides, individuals will see pump prices and more and more move to evs.

Sorry to be cynical.

Lt,

re your 14 31. Atlantic will be revising the mid '23 DFS post rat and though they will of course look at cost cutting there is some maybe 10% of $ inflation since then to factor in. With other contributions to the build cost being fixed that will have a gearing effect on Atlantic's contribution. So I guess in the washout they will have to stump up around 50m.

With luck (and a now far better market) they can raise most of that non dilutively. Also any (if any) last bit requiring some new issue is getting cheaper by the day - sp doubled since I last posted, v glad for doubling up, roaring comeback! More to come.

Re 14 53 I have a mirror that regularly gets asked that. ;->