Member Info for SlurmsMckenzie

You want to know who's faceless right now, HZM and the professional pied pipers of finance who've done a merry dance with investors money.

Really Strow.

Read what I wrote and point out why I should be sued for defamation. At worst I said JM was duplicitous regarding telling everyone it was fine. Weeks before the bombshell. If JM wants to refute that, I welcome more information.

Anything else people think I may be guilty of is down to a lack of reading comprehension on the their part

You barrister 😂

Keep the hits coming.

Hahaha seriously.

I've not written anything defamatory you spoon.

I'm guessing you don't know what gross incompetent is then.

Like I said, we don't known the reason. Your passion for JM raises questions.

Finding the play and developing a play are clearly different skills, a lot of investors wanted to give JM a fair crack of the whip because of his success with the former. It didn't work and has cost investors dearly.

I note you didn't respond to me pointing out it's not the first cost increase, nor will you have anything to say about his duplicity saying everything was fine., and still we wait for the report due in "mid q4"

We don't actually fully know why JM was asked to move aside. It could be a case of gross incompetence or he might have finally thought he was out of his depth and "got out of his own way" arguably something he should have done early on in the build process

As for this talk of being invited into the play, HZM needed then investors, it wasn't a charity, I suppose JM not buying any more shares himself was so it could be cheaper right for us, what a superb gesture!

Invest/don't invest your call but enough of the brown nosing, it's putting me off my rice crispies

And it's not the first cost overrun.

Not.imho. just a fact.

I could be preaching to the choir here but it's still an interesting article, I'll bet a few of us are invested in more than one battery metal producer wondering where the boom is https://www.theguardian.com/business/2023/dec/04/europe-miles-behind-race-raw-materials-electric-car-batteries-lithium-cobalt-nickel

Well this is awkward that should read.

"I try *not* to make a habit of finding bottoms" 😳

A few bottom feeders made good money on SSX before Anglo came in. There can be money to be made, but it's a gamble and very hard to call, I try to make a habit of trying to find bottoms.

Remember folks only one poster is allowed to gamble ...

Back in with a dabble, half the number of shares I used to own, still a gamble, but changes like this don't just happen without further plans afoot.

"JM is beating the drum…"

He's really not though in any way shape or form.

I'll bet he's busy as balls, but as far as shareholders are concerned he's AWOL. He's hiding which is a million miles away from beating the drum.

I have, I think Musk is having to compete harder with the Chinese.

Aggregate demand is still going up worldwide. Now whether or not that's in part dues to different chemistries I don't know (someone on here will), and I'm sure China is doing a lot of the lifting here but overall EV sales are up and it's projected to stay that way.

I hate linking from my mobile phone so I won't but I'm going off the IEA stats.

Aggregate demand for Evs though probably isn't the biggest issue right now though, so a bit of a diversion. Sorry. Survival is.

I think the best outcome now for shareholders is a buyout good luck.

The EV market isn't diminishing. It's growing world wide rapidly, feel free to respond with facts about aggregate demand daily telegraph pieces about the UK don't count

To paraphrase will smith "you take my name out of your god damn mouth".

I don't exist as far as you're concerned pyscho

Dry your eyes mate

The big question for me now would be how much does the initial contingency impact what is needed.

I assume there'll always be the need for some contingency

But say as an example $180 million is needed how much of that can be paid for out of the existing contingency facilities and how much extra will be needed. This is a vital piece of the puzzle.

I personally wouldn't expect anything in the next week, from the RNS from hell “The Company expects to publish an update by mid Q4-2023 once this review is complete.". To me that's mid November, allowing for the usual slippage end of November wouldn't surprise me at all.

I'd expect the next stage to wrap up quickly after that though.

No,

I'm here because I sold out and want reassurance for my petty ego that I made the right decision.

It's a bit like on deal or no deal where you take the bankers offer early but still stick around to see what you would have one (I'm counting the end of the episode as when the finance is sorted - and it will be)

But you nobody at the company is talking about flooding

They're talking about water *usage* do you know how much water is used in nickel mining?

Do you think they're building a reservoir for poops and giggles, you're exhausting

"To de-risk the operation, the final detailed engineering work has added additional scope items linked to the major equipment packages, made several enhanced design changes from the original engineering study (including changes to the water abstraction pipeline design and water storage reservoir), and has identified the requirement for additional civil works and quantities. Additionally, changes have been required with selected suppliers who have not been able to deliver to the project timeframe, which has added further cost pressures"