Conference call 3Q2018, page-2

First 2 Last

Share
Profile

Follow
1912

3,703 Posts.

626

18/10/18

12:27

Post #: 36171226
Share

Originally posted by binarybandit101: ↑

That conference call should have its own thread. I'll start with a few points:

-Regulatory delay for opening up mine across Floater road is main cause of low quarter, 5 months delay instead of expected 3 months (thanks government), issue resolved.

-48 hour projected downtime for plant yield upgrade

-1.15 is expected grade for next few quarters

-higher than contracted price for a Spod shipment during Q2(?) because our stuff is high quality and the NEW customer wanted it

-SDV site tours completed with all potential partners in SDV south deal, Anthony Tse even more optimistic after visits, due to calibre and seriousness of shortlist.

-POSCO cash this month.

-Hint at SDV partner bringing more cash to balance sheet soon.

-Tolling is no longer a thing, higher involvement with downstream processing instead

-replace resource sold to POSCO by drilling (SDV resource upgrade?).

Just a few off the top of my head, feel free to correct me if i made any mistakes.

Expand

BB - good summary thats how I heard it too.
In addition did not throw out the idea of a special "dividend" or share buy back to reward share holders.

GXY Price at posting: $2.23 Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

DRO

History repeats for DroneShield investors but carnage so far subdued

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

AII

A new NASDAQ listing for a key player in the global critical minerals space

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

HotCopper Highlights: Trigg; Droneshield; Lumos & more

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

First 2 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Conference call 3Q2018, page-2

Top Stories

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

History repeats for DroneShield investors but carnage so far subdued

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

A new NASDAQ listing for a key player in the global critical minerals space

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Featured News