Member Info for L0ngterm

Yeah, rising Lithium floors in contracts, well above our AISC, with no ceiling but just agreed at market rates. All of which supports demand out stripping supply, and an increasing LI price are awful.

It literally isn’t how markets work at all, I mean we all know that the market only functions in shares for example,

when there is an abundance of shares available. Whith little demand for them or the underlying companies products.

That’s when shares rise!!! 🤣

Yip, and after offtake agreements done, anyone wanting us needs to pay significantly more. GLA

High floors…

Well Joe is calling the deals that are being done (multiple), gig floors and no ceiling. As per my post the other day, for once the company and us may well get a significant break here.

Interesting and never heard Joe lowery being that focused on what’s happening in the market, aupply challenges and big battery. Looks like the delay in Ray may well have a very significant silver lining.

It’s the final comment at the very end!

https://open.spotify.com/episode/0kBx1n4H9W7f07lT7KPL10?si=jV245-QVRK-FiaexdyF5VQ

We had an update Monday/Sunday from Keith. Steps are

FEED> Bid Stage 2>Stage 3>FID

Keith is Going to provide an update on 2025 optimisation (soon) which goes into the FEED.

The FEED is the +\- 5% costs baseline, timeline. Look at it as an updated and refined DFS, gets published to all bidders. As it firms up costs, and expected timeline for development and when we need the finances.

No news or PR basically because we secured funding before RAT, team busy or offer again on table.

Gla

@JackB14 technicals look ok , consolidation here, gap above. Just ticking here till we get clarity.

@JackB14 that’s either leaky like last time, or just market moving to find value

Either way IMAGINE what’s next!

@5toamillion yeah! Cryptic yes! But why the feck not! Put your risk on me

@5toamillion think you need to change your pants! **** it your either in or out!

Risk is always subjective to the individual, however the concerns here are predominantly now related to standard small caps. The mitigation for these, are standard, normally the big one funding debt, or raise, what is the MOAT,

The Moat here is now significant, compounded further with our % of JV holding/contract.

The product is proven

The demand (customers proven)

The market (reward) proven and evidenced with multiple offers. At various commodity prices.

This primarily leaves go to market and finance.

Goto market is the bid room being at stage 2, proven end customer interest atong support with January bid.

Funding, proven route as multiple times deals are done to guarantee supply by funding a mine build without further dilution , and includes sweetners.

So all good, and not your average small cap.

Elevra. All the above applies, and the 6 million. Vs 000s of millions is a no brainer. Park and address in the sidelines.

The project evaluation against a NAL extension or Ewooya, IRR costs etc in Ewooya favour, however if you can’t fund two good looking (being generous on NAL)

In a capital intensive intensify industry, in rising commodity prices. Then simple put your in the wrong game, and up for some interesting press if you don’t.

Gla

Well, I was banging the drum on the fact that no news or lack of may actually be a pre cursor to an offer, or to be expected. Especially given how silent they were upto rat, and turns out takeover offer. It’s speculation now.

The company particularly Keith and Amanda have a lot on firming up costs.

Sorry but hit recommend if you have seen this 💩before in small caps etc. 😆 it never changes.

@5toamillion only to those at sell, me meh! Expected the quiet before the storm, and all the same old nonsense with small caps, between news. The major milestones iare clear, the timings should land soon.

GLA

@5toamillion I do get it, you want a quick sale, I think you will agree though that the company won’t until after FID as that brings increased share holder value/offfers. Unless a company steps up and puts a significant offer on the table.

It’s a painful one, and been their many times when my own plans, timings don’t materialise when I want them. However if they did, I wouldn’t be here. I’d be on a beach wondering where to tell the crew, they are docking the yacht next.

@5toamillion the list you provided have all come about or an in focus because of positive inflection points that have occurred , progress and positive market changes. Bar say one, the 6 million query.

I meant to add and an update start of the week that optimisation news shortly, which is basically the FEED sign to say complete.

@5toamillion see below, keen to know if you see any others companies like this, at this stage etc.?

We can’t, we can only work on the FEED, we are also moving into April for the quarterly release from the company. Look at the below and tell me it’s not been a busy time, and tell me where else you see a company that has had all this?

We have had all the below, and most in the past 3 months.

3 x takeover offers,

1 x large mining company in the wings, TR1 confirmed.

1 x large company, who we are 90% sure were in the offtake talks.

1 x company who wanted all our off take.

1 x company who realised that they most likely couldn’t guarantee that by bidding ( good for us)

1 x royalty confirmed

1 x ratification

1 x royalty confirmation

1 x local pension investment.

27 million due to land

16,4 million due to land.

Stage 2 bidding coming to a close.

@5toamillion we don’t appoint the person MiF name then. However Ghana government and MiF will be working on mechanisms for royalties etc, and MiF with us on monthly cash draw downs, timings , and governance and dare say the name for the role.