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ASN General Discussion, page-9855

  1. 3,122 Posts.
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    Mate given how long you have followed ASN you know by now Bruce in all his quality does not have the best track record hitting timeline targets.

    IMO it is pretty hard to sign binding off-takes with a plummeting commodity price. Why sign now when next week it is cheaper? Finance is obviously delayed because we are back looking for government money. Again, also not the best time to be sorting out a half a billion dollar finance package with climbing rates and a low lithium sentiment currently (Private funding).

    Bruce would actually be wise and wait for a turning of the tides. A climbing lithium price puts more pressure back in the buyer.

    Clearly over the last 9 months Bruces timelines have been held in too high regard by many here. A timeline is a best offered opinion on when something will be done. Anyone who runs a business knows it is hard to accurately predict the next fortnight, let alone the next 6 months. Commonsense must prevail.

    As said in the construction industry "It takes as long as it takes".
    Last edited by Suni: 04/04/23
 
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