The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
KC taking company backwards. Hydroxide was produced in 2019 from carbonate. Hopefully no issue doing that again this time. Can't see what use the incomplete DFS will have as project and development costs will need to be based on hydroxide.
I agree with you Chips.
Bottom line is that Lloyds are making money. They will have to distribute the profits either in special dividend or continued buybacks. Even buybacks will have an effect on the share price eventually. Most shares aren't breaking any records right now but at least Lloyds dividend is pretty good.
they are ******* about trying to expand the resource when they can't even develop what they have. at least prem cut out all this pfs dfs bfs bs and had an actual go at mining. methinks as many others do that this project as well as emh are pure directors pay projects. if they had merit they would be a lot faster in development rather than using the excuse of waiting for an eu handout. looking at other developments around the world progressing leads me to wonder whether these european ventures will miss the boat. the lithium price will fall as more international supply comes on line and then there will be a huge amount of procrastination from eu whether to commit a huge amount to mine funding with no financial justification only self sufficient supply but that alone won't be enough for these projects to continue. best thing znwl and emh can do is to get their fingers out and get mining.
I think it's time Peter left, forced or voluntarily. Some may say he's been unlucky but who wants an unlucky CEO? The fact that his timings are completely wrong regardless of his usual , we can never be sure of timings is laughable. His best way of making personal money is to let someone else take over and raise his share value by doing some actual business. Wouldn't mind the job of being news poster with WSG, they've had fall to do for the last 3 months.
There is always something new going on but nothing to move the project forward. Just say someone wants to support EMH, the first question would be "how much do you want" The answer to that is "I have no idea". Just get the DFS done please, if the rationale for continuing the project is a no brainer then financing shouldn't be an issue.