Nothing market sensitive obviously but I would disagree that it was pointless.
Id far rather know any piece of information I can get than have to guess what they are doing or hear about it once a quarter.
Id also rather here it in this format than having to go reading through 70 page documents to find that info. ( yes I know I should do this as well)
The one thing that's against rather than for these webinars is that its frustrating that they dodge the questions or lump a bunch of questions into a generic question so they don't have to answer specific's. I find the calls with Insto's on the phone more helpful as if a question is dodged or given a vague answer the same question generally gets asked a few more times and the multiple answers sometimes offer a little more insight.
But if that is the worst of my problems I'm all for them.
I found it interesting that they are now crushing to 10mm to reduce the fines. It started off as 6mm and then was 8mm last I knew so they have obviously found improvements.
One question that I might have missed was how are we fixing the recoveries in the BP 33 process? will we be adding floatation or some other sort of processing? Not that it would give me any great change of sentiment but I would still be interested to know and given an approximate cost.
I guess now we have to all have our fingers firmly crossed that drilling gives us some material upside that hasn't been factored in or the price of Lithium recovers a few thousand north of where it is now for any meaningful re-rate in the near term.
And for those super critical of Gareth, the biggest thing for me has always been the forward guidance shocker. The rest has been ok or had been screwed up before he got there. This webinar and addressing SP and Short position are indeed indications that they know they have a bunch of pissed off bag holders ( myself included) and that is the first step to earning some trust back, rather than just giving us the we don't manage the share price crap.... you run the company, your actions definitely have a bearing on the share price.
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10.5¢ | 11.0¢ | 10.5¢ | $450.0K | 4.253M |
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No. | Vol. | Price($) |
---|---|---|
33 | 3521945 | 10.5¢ |
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Price($) | Vol. | No. |
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11.0¢ | 2529723 | 21 |
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No. | Vol. | Price($) |
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31 | 3507945 | 0.105 |
85 | 7499384 | 0.100 |
6 | 171881 | 0.099 |
7 | 794372 | 0.098 |
3 | 253459 | 0.097 |
Price($) | Vol. | No. |
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0.110 | 2439723 | 20 |
0.115 | 4665626 | 59 |
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