Member Info for Pinecone54

Perhaps it’s time to move……. in case they cannot cope with the Lithium deal also coming up over the coming months!

They struggled with the Keras demerger just didn’t get it right!

PC

Well what we do know for sure, it’s been a month since “nearing resolution” on Togo was communicated!

We also know it’s been since October we’ve not had “any“ hint to our progress, on any of the opportunities, outlined during the meeting in London!

And at the end of the presentation, there was a clear message from our CEO that regular updates would be forthcoming!

Now……the last AGM was in July, but let’s hope this upcoming event,which I hope to attend, doesn’t become biennial!

PC

Yes, just come through and if my figures are correct,seems to me, it’s going to be all about the “options”!
If you take the “B” package you get :
9524 shares @ .21c ( plus )
4762 shares @ .30c ( options)
Total cost,if options taken up within the 15 month period A$ 3428.

If however, you had placed your total order today, currently priced @.20c
14286 shares @ .20c
So your total outlay would have been A$2857.

As always you’re under no obligation to take up the options offer,all subject to your broker’s charges “and” their ability to process the whole offer professionally!
( good luck to those in HL!)

PC

With thanks to Dangrz over on HC who found and shared this info!
Now we all know about gold hedging……right?
Well this may well leave you thinking!
But useful to know, if not quite fully understand!

PC

http://aigjournal.aig.org.au/wp-content/uploads/2014/05/Hedging-Basics.pdf

Hi Seedcorn

Not sure if you’re referring to this, but had my email sent at .16 am this morning!
Covers trading halt and notification of a cash raise!
Lots of speculation over on HC some not liking the news others being more pragmatic!
Still, need to wait and see the outcome of these events as they unfold!

PC

Ok………. for those that know about these things!

Are we currently seeing Technicals or Fundamentals at work here?

PC

Where’s Jimbl when we need a confirmative appreciation of this announcement?

PC

Well it looks like they’ve nearly doubled their investment already!

PC

Watched the webcast again, right to the end !
Where the “carbon credits” talk, being a future credible revenue stream, along with supply to the big synthetic boys, in need of reducing their supply footprint!

Game changer perhaps!

PC

Nice to see interest over the weekend here!
Would like to think we can hit the second year target of 10k tonnes!
Although we, at the outset, said pricing would be competitive to gain a foothold!
If we are selling our specialist products at a good premium, I don’t expect the volume will be enough to flex the results just yet!
But as always here, lots to be revealed in the next update!

PC

Like to think we get a joint venture ( whatever it becomes ) as we would benefit from being in the thick of any possible government changes!

Even if a short ( say 15 year ) contract, would at last generate revenue!

Now…….. there’s talk of the Mexican government potentially, getting a bit heavy handed with their miners, restricting contracts from 50 down to 15 years!
And to deny existing ones on spurious grounds!
Don’t want the Togolese to get any big ideas in this regard!

PC

I’ve also tried to get a flicker of light from Filicity @ Celcourt Communications, as I chatted to her at the launch of our new website ( at some cost to us, I’d imagine!)
However, for whatever reason not yet had a reply!
Will not though be holding my breath here!

PC

Sure, I just confirmed with Annabel at HO she then gave me Grahams details.
Graham@keras.com

This was my reply back to Graham!

“Hi Graham

Thank you for taking the time to respond.
It’s been a difficult time over the past months keeping the faith, lots of us have been here for years and invested heavily, but still holding and hoping for DC to pull through; so keep up the good work and we look forward to our results coming out soon!

Best regards “

PC

Just had my reply!

“Hi

The bush telegraph is incredibly lively, but never quite accurate. I can’t tell you more other than that we are nearing resolution. We have continued to negotiate in good faith and feel the state has done so too.

As always we’ll announce as required in terms of AIM rules. 

Again thank you for your continued support.

Regards
Graham”

Good to see such a quick response even if it doesn’t quite tell the whole story!

PC

Hi All

Just emailed Graham, I’ve only asked him to confirm the board are aware of this change, simply because anything else would be price sensitive!

Translated the main paragraph and attached the full details by link!

PC

Further to this stream of comments, at the said London meeting, where the webcast was broadcast, I had a chance to speak with Graham afterwards!

I pointed out that our graph for organic rock phosphate looked like in 2023 would be around the $300 rate!
To which Graham replied I’m confident we are going to exceed that figure!
Now………..a few things here, if it were the case those numbers were to be in the high hundreds:
a) where the graph for our products clearly only shows a path upwards from current $300.
b) then why produce another graph specifically for US synthetic fertiliser?
c) surely we would have had a conversation or two about that being a huge amount of future turnover!

It does all seem a little fuzzy at this juncture, as we are not being given enough or any accurate information ; hopefully we can have this put to bed in the coming weeks!

PC

Just for the record!

We have not been told how much we sell our products for, there could well be many different prices considering the range!

We are also unaware of “our” costs, all we do know is we are making anywhere from $80-$100 per tonne ( margin ) which I take as a profit figure, which needs to be clarified the sooner the better!

PC

Hi
Just go to our website , under media then webcasts!

PC

Hi Piscator1

Don’t want to dampen your enthusiasm for our fortunes, but think the products we produce are not the synthetic products you refer to in your post!

It’s best sum up by re-watching the webcast, where Graham explains the likely costings on pages 10,11,12. ( tops showing then around the $300/ tonne range)

We “will” see an increase in these costs as organic start to build a presence in the overall market!

PC

Thanks

We now just await this sort of info…….. with bated breath!

PC