Member Info for swest42

Wish it were that simple Teddy

I think we'll get there, or rather GH will, I do, but I can see that its a fine path they walk to placate many political and economic factions.

Project is ready to go imo, I'm largely done with Project Economics side for the moment. We have the defined plan now.

Eyes down for a full house ..

Is it fair to say that theres a lot going on in the background to get this ML over the line

I think thats probably a fair statement

I've no doubt they'll be some horse-trading on both sides, to be expected. Macro picture adds that extra dimension, Ghana is struggling, inflation 50 odd percent, IMF loan pending, elections next year etc etc

Appears to be trying to pile the pressure on saying what we 'will' do doing.

Unfortunately we will be doing not much without the ML. The BOD are not GH Ministers.

Long termers know the project economics upside down now. Politics is part of the equation now.

Whilst I think its coming to a head, a private Company can say what it wants in an RNS, Ministers allow it.

All about the ML now. GH has something valuable, but its not in good shape financially, and must not be seen let anything out the door without very best value to the GH public purse. A difficult balence in fairness.

There's a school of thought that Directors buying large amounts of stock means they 'know' something. Whilst it certainly inspires confidence, I'm more circumspect.

Your use of the word bottle, which I didn't take offence at, was thought provoking. All I can reiterate is bottle counts for nowt, if u are barking up the wrong tree. They need to be right.

Not for the first time, not to be confused with a negative post from me.

Quiet on here, no problem, there's not a lot to say whilst we await the ML, or the ML with an as yet undeclared Govt 'twist'..

Yes they could. If they keep rattling on about refining they can't afford.

Hope not, but they could.

What ALL are waiting to do, need to do, is place long lead POs (purchase orders) for certain kit.

Of course, they can't do that without 'ink'.

Come on Ghana.

Ewoyaa / EW1.0. 35mT. Grant ML. Export Spod. Sort PLL out, maintain jurisdictional integrity. Recognise early mover advantage, take 600 jobs, nice earner. Recognise no time or funds yet for refining. Massive capex.

Incept contractually 'EW2.0: 35- 70mT, refining', and EW3.0. Why 3.0, because everyone mutes 70mT, I think it could exceed 100mT, that'll need more thinking as things evolve.

Give GH the times it needs to give it a shot at building a refining plant, take several years. IMF, world Bank, EW earn in, sofa. Up to them, masters of their destiny. When EW 1.0 is empty, have the conversation, 'ready GH?'

If not EW2.0 continues as a spod exporter. Rinse and repeat 3.0.

U know things have gotton bad when we start talking about uk & Ireland Lithium , which frankly is a pin prick globally, rather than our own LOL

I feel like ending on a positive. What we're all gunning for is that magic ML. Which statistically should happen 'soon'.

and when it does, we should have much better times ahead. GL

I think some of its in Cornwall, but I don't follow uk Li that closely.

Good luck with UK permitting, bad enough trying to build a few semis

UK seems to be limping into life battery wise, miles behind everyone else ..

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.

Ratchet clicks another notch.

Over to you Ghana, is u up for supplying Tesla ? Don't take too long deciding KP may get the wrong idea ..

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.

Ted,

Glass full, it's timescales.

Old sayings never die. Bird in hand (spod) vs bird in tree ( refining).

I'm long since 2017, doesn't matter, I'm lth. I'll be here at production. What year tbc

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.

Same here. Should have sold a load along with Len at 60

Hindsight is a wonderful thing :))

When it was 66, I really though it was on its way skywards, how wrong can u be !

Hi Teddy

ML Q3 you say

Thought it was being muted for 'this year' i.e H2 / Q4 ?

Q3 better, me happily corrected

I don't think its in our interest to increase resource size anytime pre ML

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