AGM 2024, Second Strike and Board Spill., page-129

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31/05/24

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Post #: 74106916
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Originally posted by Norbeto: ↑

4. I might be one of the very few but I'm content with the explanation provided about carbonate. Their commitment hasn't wavered, it's still the plan, it's just a case of biting off more than they can chew at the moment. They need to keep the company alive and get through ramp up, then we'll see some updates I think.

5. Not too sure about the timing for drill results, it can't be anything sinister though.. what do they gain from keeping them locked away. most likely a back log in the labs.

6. The industry is so dynamic at the moment and is still very much in its infancy so in my view it was very irresponsible for Brett to be publishing plans like 100kt of hydroxide from Moblan by 2030. If the mine can by up and running by 2030 I think thatl be a good result. It's always hard to swallow downgraded guidance but thats what has had to happen given Brett was so ambitious in his plans which in reality and hindsight, were completely unrealistic at the time and especially more so given the environment now

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"""Not too sure about the timing for drill results,"""

If the results was any good they WOULD be screaming it from the roof tops.

Originally posted by Norbeto: ↑

4. I might be one of the very few but I'm content with the explanation provided about carbonate. Their commitment hasn't wavered, it's still the plan, it's just a case of biting off more than they can chew at the moment. They need to keep the company alive and get through ramp up, then we'll see some updates I think.

5. Not too sure about the timing for drill results, it can't be anything sinister though.. what do they gain from keeping them locked away. most likely a back log in the labs.

6. The industry is so dynamic at the moment and is still very much in its infancy so in my view it was very irresponsible for Brett to be publishing plans like 100kt of hydroxide from Moblan by 2030. If the mine can by up and running by 2030 I think thatl be a good result. It's always hard to swallow downgraded guidance but thats what has had to happen given Brett was so ambitious in his plans which in reality and hindsight, were completely unrealistic at the time and especially more so given the environment now

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AGM 2024, Second Strike and Board Spill., page-129

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AGM 2024, Second Strike and Board Spill., page-129

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