Anyone else get a phone call about the cap raise? I did yesterday. Has an interesting chat with the phone person. He was just back from an EU holiday in the HEAT.
Greece and lots of other fun places.
I had already taken up all my entitlement and hope for a bit more. The Call was interesting as the Gents role was to call us to chat. That is what he (or his brokerage business My assumption) does. They call others re cap raising as well.
I asked if many he called had not taken up the offer and what did he know about HAZER?
He did not know a lot about Hazer. He stated Hazer is very well supported by shareholders making his job with us very easy compared to what happens often with other companies. A bit more than just that was mentioned. None of it negative!
Offer closes today. Q4 is close and the time lines tight for several aspects including some thing I had not noted before about OFFTAKE 1/2 2024 for "Mitsui & Graphite Market Development" on Page 8.
The CPD alone with "100 tpa H2 and ~
380 tpa graphitic carbon" On Grahite Another synthetic Graphite process by Novonix is interesting.
https://www.novonixgroup.com/anode-materials/our-process/#graphitization-processNovonix suggest "Minviro Ltd., a globally recognized sustainability firm, to conduct a Life Cycle Assessment (LCA) on NOVONIX’s GX-23 grade of synthetic graphite.The Life Cycle Assessment (LCA) conducted by Minviro Ltd. demonstrated a ~60% decrease in global warming potential (GWP) relative to conventional anode grade synthetic graphite produced in Inner Mongolia, China and ~30% decrease in GWP when compared to the anode grade natural graphite in Heilongjiang Province, China."
It will be interesting to compare our grahite data when Mitsui completes the work it is doing at the moment.
The time line is now very very close. It has been a long time in development and proofing. Not suggesting hard work is entirely over. It seems a huge amount the work science and engineering completed from 2007 to date has resulted in a smooth path run to the finish line.
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(20min delay)