upon re-reading the recent announcement - it reads that there has been mechanical issues, significant enough to pose safety concerns;
"Mechanical issues and punch list items are being addressed as they present and we have not encountered any problems that erode our confidence in our ability to execute a safe and successful startup in the near term."
There is an emphasis on time, mentioning 'near term' instead of 'coming days/weeks'. The comment by Cliff seams to me that there will be some delay;
"We need to remain mindful that commissioning processes invariably require some flexibility in roll-out because the overall priority should always be a safe, steady and reliable operating plant."
Also, Cliff speaking at the florida phosphate conference in October - description of his speech mentions only Status and Startup Progress. Nothing about acid production.
"The company will be doing research into the most attractive uses for the construction aggregate product and will also provide an update on its plans to complete that work."
I think we will be waiting a while for acid production, probably October. IMO.
Still a buy IMO but just saying, share price may come back down to 13cents in next few weeks before we get the announcement.
- Forums
- ASX - By Stock
- AEV
- reading between the lines
reading between the lines
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
DVP
Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
Add AEV (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $26.60M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $22.38K | 2.173M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 5255456 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 550045 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 5255456 | 0.010 |
5 | 2921629 | 0.009 |
5 | 1943182 | 0.008 |
4 | 6062000 | 0.007 |
8 | 6562916 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 550045 | 4 |
0.012 | 3919225 | 6 |
0.013 | 1700000 | 3 |
0.014 | 4235652 | 7 |
0.015 | 815000 | 2 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
Featured News
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
AEV (ASX) Chart |