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
Look, there's no glossing it, I too was a bit dissapointed with the dfs. They tried to sell old fashioned more cost and more time, it didn't wash. The case stands, NPV etc, but the market punishes changes to the plan. If ur long ur ok I think. Neil oversold the dfs. People are cute, they need more money, they need more time, 'AIM AIM AIM'. Ewoyaa was lean and quick, it still works, just a bit less lean and quick. Note BOD, the market is a severe mistress.
It's painful atm, very. But just reflect, has anything materially 'bad' happened?
Aside from the sp, whats materially changed? Capex and dates, yeah a bit, but also early income streams..
Has the spod price collapsed? Just saying.. gl
Will a tr1 appear when they're out, or do we just infer, or wait for a dgr update or other corporate update and find out that way
Be good to know definitively when that particular milestone / millstone (!) happens, if thats feasible for such events.
Its as significant an event as a many an RNS
I'm sketchy on dates and exact percentages in what follows, feel free to correct
Must be about about 18 months ago Mr Mather mentioned that dgr 'still' had 9%, that word indicated strongly (to me) their intentions
I think dgr are now at about 1%
My glimmer, my positive, is that this massive millstone of selling seems to becoming painfully to an end and when it does, surely we'll be set on a fairer course.
FWIW I yhink BOD have done and continue to do all they realistically can. Regards the wider market I think NH mused ' c'est la vie', which at first I thought rather flippant. But frankly never a truer word, from a man who recently bought a large chunk slightly higher. One company can't change overall market malaise, you have to let it pass. Interest rates and macro have drained liquidity, then dgr. But it will pass, for sound companies. Tin hat time.
I read widely about the space we're in, as most do on here. Partly, I hunt for weakness in what we're pursuing. Let's face it the share price is awful, we're not loved. So presumably something is wrong, somethings 'up'. But I can't find it.
Hard rock vs brine, we're better, spod outlook, robust. ML, looking excellent. Raising, don't have to. The othe 50%, more valuable by the month. substition- nothing brewing, sodium only does short range; tenure, 3% drilled. THREE PERCENT. I could go on.
I'm simply amazed by the sp. Amazed. Can only be dgr selling or something, because by all other logic, we have the rock, it's fabulously in demand.
If someone can come on here and destroy my argument, please do I want you too, because I just cannot see chinks.
I just bought. But market is ugly.
In this environment I wouldn't like to advise anyone else what to do.
And I certainly wouldn't want to predict the bottom
I've used funds that I don't need for a long time, in till production in fact.
'Bargains' out there, but stay sensible.
Mood music all points towards attracting a new II(s) to bring the step change. And I think that II will be forthcoming.
Agree MIIF appear to be waiting for ML; all I would say add is when ML occurs, its crunch time for MIIF, they've 'been interested' for a long time now. Personally I glaze a bit when MIIIF pipe up again, but thats my bad.
Agree. Its been a difficult week since dfs, but with continued detailed comms and explaining, I personally feel the clouds are clearing to reveal clearer skies ahead.
And beyond recovering from the shock of the unexpected dip, I feel we're actually changing .. see how KM is coming to the fore - we're getting into long lead procurement very clearly now - hes out and out ops - 'its' happening. imo the 'needle' is switching from less about ML 'ifs', ML becoming a given, to more about production milestones.
Another nuance - the mood music feels to me like we're waiting for instis to DD the dfs, and come in .. theres comments here and there hinting to that effect.
Let the dfs work its way through, its been a lot to digest. The early income streams bode well for example, it all joins up if you study it deeply.gl