Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A lowball offer won’t work though will it.
Dave, I'm not asking for weekly updates or the odd phonecall to my landline but I do not think it is unreasonable to expect some sort of update with regards the projects overall......
Off the top of my head how about;
An update on the work SMS have completed so far. Jeez, we dont even know if they are still involved so perhaps trhis shows how bad their communications are.
How is the process workflow work coming along? Any new and potential cash saving/throughputs improvements made?
Has the CEZ /Czech university process flow improvement been utilised/improved?
How far along the road are we to building the Pilot Plant?
Have we produced any product yet for any offtakers?
Any update on how Luthhardt Investment are getting on wrt German Government seeking approvals?
That's just off the top of my head and i'm sure others here can think of many more. It is not rocket science and really shouldn't take someone like me to point out things a company should be doing in order to keep shareholders and potential shareholders on board.
Arguably FID is more important than DFS. From recollection FID was to be made q3 2023.
Painful to watch from the sidelines when the sp keeps slipping. KC somehow has to show us something soon or we’ll be back to the low 20’s or under.
Existing sh’s or potential investors are shying away from this due to a complete lack of transparency. Sometimes it’d be good to take a leaf out of say the vul playbook and rns the bejesus out of things. Something to let us know they are still breathing…..can’t be that difficult
Agreed that the longer we are in the higher the potential.
Confusingly the quotes from CEZ are at odds with what we’ve been told with regards the shareholder agreement. As far as we know CEZ have first offer on the remaining 49%. Since they have no intention on consolidation then this raises a number of possibilities. Do they buy and then sell to an interested third party ( at say 30% and keep the remaining 19%) or do they agree for the 49% to be bought by a third party but only if CEZ are in agreement with who they are? All very cloak and dagger which isn’t helped by part of the agreement being confidential.
There’s also increased production and an increase in per tonne price of li concentrate to take into account. Going by previous announcements and increase to 25k per tonne doubles npv and likewise an increase in production to 50k tonnes per annum increases it further by a factor of just under 2. Tasty numbers if we get that far
I would suggest a tie up between vw, cez and a battery manufacturer. That would mean that emh would be out the picture completely. At what price though?
https://ec.europa.eu/commission/presscorner/detail/en/ip_23_1661
Figures based on $48k per tonne skews all of their calculations to the positive. No thanks….
There appears to be much more talk of raw material uptake on the twitterverse lately. All points to our resource in some way imo…
https://twitter.com/juliepolie/status/1592771112135725056?s=46&t=t8DrDQ27zzb5My88ij72gQ
The telegram appears to be in the post….
Skelly85, why don’t you just sell up then?
You mentioned this gigafactory reversal last week. I had a look online but could not find any reference to it. Do you have a link?
Having read the article twice now I still can’t decide if it was written by someone who has someone’s ear on the inside or if they’re just out of journalism night school.
Not a single quote from governmental or cez related personnel and a timescale that takes the gigafactory into the early 2030’s and the mine into sometime later than that. If true then I suggest we all chuck the towel in now.
VW it says would make the gigafactory decision without the Li mine being a consideration, really? If that’s the case then why are we not moving ahead at full steam with no consideration for the gigafactory?
The more I think of it the more I’m thinking B/S.
If anything it will spur the Europeans and Americans to play them at their own game. Any lithium or raw material input from any predetermined jurisdiction ie outwith what is applied via the ira act in any of the cars imported here will be subject to large tariffs. The Chinese must be giving CATL large kickbacks in subsidies in order to produce their lithium product. If this doesn’t gird the loins of the western world then nothing will. Mines will be built because we have no other choice
KC’s last interview with Rockstock he mentioned that at $25k the irr was around 53% and npv would double. This is before the production rate increase that we are also waiting on….plenty upside to come
Seems to me that CATL have announced this new pricing for domestic use Li supply by utilising their lepidolite reserves. This subject has been looked at before and the general consensus was that it is a high cost, dirty process that cannot compete with the other li extraction processes. As far as I can see this is all smoke and mirrors by the Chinese.
Good
Hyundai Tucson
I have watched all of the rocksteady vodcast and interviews in the last 2 years or so. It was interesting to me in that this was the first interview I’ve heard from HK where he appeared to be giving the interviewee a bit of a hard time. Ok he didn’t go overboard but he pushed it in such a direction that KC would be in doubt that shareholders are not happy with some aspects of how he is running the business. I think the Rockstock guys have been inundated with shareholder emails about the lack of news flow.