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Someone on Tele started talking about their 'bottle'.
I don't care about that. Have they got it right is what matters. They are currently underwater on their purchases. There is concern. We need an injection of confidence from somewhere. 22p. Fact. Not good.
Classic. Theres some political decision making (and posturing) to work though imo, I did say that.
For avoidance of doubt on my own position, I'm holding mine tight.
The pressure is on Ghana right now imo, the are being forced to 'do' something, in around the next 5 months.
To reiterate, PLL and others won't wait, can't.
Guys
Don't expect anyone to agree with my personal opinion. I have no more knowledge than is out there, but I am well versed on ALL.
I think the ML will be delayed, because I think politically Ghana is not ready to commit, I think they're split over refining revenue. Its not the Companys fault.
I truly hope I'm wrong. Sorry.
And the US remain very keen to keep Ewoyaa US bias via PLL
I believe in soft power, and I believe they carry influence, hence the ambassador in Ghana flashing up regularly
But, nothing is guaranteed .. these frontier regions in Africa, like Mali, remain a battleground in New Energy ..
I reiterate, all good natured debate.
This may sound blunt not meant to be. It doesn't matter what at private company says in a dfs.
The issue here is increasingly not between us and BOD convincing ourselves how great we are and out intentions
Theres someone missing. Is anyone on here speaking for Ghana ministers? No. We're one side of a mirror. 5 months left.
I genuinely don't really know what they'll do, I only know what I hope they will sensibly do. Because if they start shenanigans about refining, they are very silly indeed.
End on a positive, if ML lands H2, this rockets.
Then the likes of me start talking about what we've just built, NPV, PLL, divis, DMS, early income streams and little else, and we are off to the races. All to play for. gl
They back the mine. yes they do. the Question revolves around partial or full processing and Govt aspirations.
Theres no fools on here, so its a good natured exchange.
Let me land another way. ML H2. If we don't start thereafter we won't be delivering on time.
I think the pressure is on Ghana now. They've talked and talked and talked. We've done all we can to some extent. We either get the shovels in ground early next year, or we don't. PLL can't wait.
PS ALL won't go to 'zero' if it all rolls back, but it'll be a different long term prospect imo. Not the one I invested in.
5 month left.. tbh we could all talk and talk.. H2 ML, or not, is the question.
PPS to reiterate. project economics. Great beyond question. ALL good there
I think these 2 Oz juniors are a bit of red herring here, they are different to us, different issues
'ALL is 100% backed in it's plans by the Government of Ghana'.
Is it, in its present form? that question again. If we don't get ML H2 then something is up. Once ML arrives, great .. re rate and we're off
Refer to dfs. In fairness the Project side is excellent, I have few qualms on that side, and Keith is there to build it.
My current 'area of interest', putting it politely, is Ghanian policy.
I am hopeful that H2 ML should resolve all that, and hopefully draw in new II interest.
A certain Mr Phillips won't let this run too long without certainty, maybe he has that already behind closed doors who knows.
A certain Mr Musk won't be interested in excuses. KP shrewd cookie that he is will run a risk register, involving plan Bs. We need to tread with care. We're back to that statement again ..
Livista, CAA, intermediary lithium chemical.
Up to speed on all that, way off though they are.
I can't see anyway out of it, a statement is needed. We could be here forever speculating. I see what Ghana are thinking, but they're out of time and wherewithal imo. Stick with the initial plan, export the spod.
Great team, great project economics, great.
Answer a deeper question, then the big money flows, until then, not so.
'What does Ghana really want' is the question. In fact almost the only question atm.
And thats Neils job alone to resolve. It will only be resolved in a room with Ministers.
Crack on please Neil, then make a statement to the exchange ..
Noted, you are correct. Sloppy on my part.
If its any mitigation, not for the first time I conflate things whilst trying to make a wider point which is : As long as spod price hold, the revenue stream stands something like 6.5billion.
Revenue is indeed not profit, or NPV.
Belies a confidence, a steadfast adhesion to plan.
No blathering attempt to explain away the SP, no procrastinating, that's not their job, their job to build it, and they are.
No frills, Good RNS. shut out noise keep going.
Many moons ago I always call rock group said. 'if u like our new album good bless u, if u don't, god bless u'.
Meaning, we ain't changin, join us, or don't, its up to you. 24p, take it, leave it. gl
These sorts of positive articles abound, someone tell our sellers :))
I've given up predicting any bottom here, but we appear to have stabilised just a little today.
A bit of calm needed, theres been glimmers of panic. Ship needs to just stay steady for a bit.
Some MIIF or Govt news would be a great help right now, need an injection of confidence from somewhere. Our many positives, the market seems to have forgotten them ... just unloved atm