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I see the exact same stuff posted on Hot Copper is there anywhere else your continual ramps appear Wise. No DFS for months as there is now a shedload more work to do pricing in the rail loading and unloading and new site preparation. This will go back to sleep without anything else happening. Nice increase in SP but I don't see it lasting unless liquidity has reduced. Pondering selling for retrace. Might get lucky in 2025
That RNS was lacking enthusiasm and totally undynamic. I'm not surprised the share price dropped as that was what was expected by the author. Some say they don't mind waiting until June. I bet there are others waiting exactly for then when the average share price over 6 months becomes 30% less than it is today.
Not bashers. Constructive criticism. Hard to see how adding a large additional handling and rail loading facility the another rail receiving facility at the new location can reduce costs. This is clearly a prime example of too many cooks. God help us that every man and his dog, both corporate and political have their pennies worth at each step. A mention of timelines would maybe made this new pill easier to swallow. I imagine it will happen eventually but not rapidly. Hope the trains are electric!!!
I think further updates are the least shareholders expect after all this time. They had better keep us informed. There are a lot of people making money out of this. As a shareholder, I'm not one of them
Carry on Smelly. If you are down a load of cash it's only natural to be upset. Also I'm sure Keith knows now whether this DFS is coming or not this Q. If not it could be announced now rather than leaving it to the last trading day.
Nothing not to like here. Buyback reducing shares, good dividend ,nice profit even after buybacks and more land purchase. Young trees coming up so higher yields. Oil price gains. All positive. Just topped up again.
Good question. No I don't. You can make excuses for him like there are outside influences which we have to consider. If so why didn't he consider them..... Twice.. For the Last quarter 2023 promised RNS and now the 1st quarter 2024 getting close to being missed. Besides that, where are further lab results and offtakes agreements. Also statements that DFS delays don't affect the timeline, that's complete rubbish. Even if the RNS comes shortly I can't see how anyone could be convinced that KC is the right man to see this through to production.
My only hope is that large investors are aware and content to let this DFS take its time. EBRD alone has lost £4m out of its £6m investment. Geomet also losing a fortune right now. Other lithium projects are not standing still. This needs some serious dynamics.