Hi all, back from a few weeks work up on a mine site up north.
Now imo this announcement is something big!
Is it lithium/GSM related? I dont believe so. The phase 1 issue of shares is all well known to the market and wouldnt warrantry a TH alone.
Now onto our biostimulatent fertilisers... ive said it plenty of time that the OHD process was a game changer and company maker. Lithium deposit is still years away from development, so if trials and company cashflow can be created fertilsers to generate its own cash to fund any future lithium projects.
Westfarmers, CSBP, incitec, TNN , S.J.B would all kill for this process... there was a previous market announcent about offers and market speculation.
Proposed strategic placement, company xxx willing to fund 7.5mil at 5 day vwap, to fund 20t fertlirr plant. Upon succesulful completeion of trials after 12 months, company xxx will further invest in GPG to build 100/300/t? commercial plant and distribute nationally amd internationally amongst its established customer base.
This will be the announcement imo
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