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01/02/25
08:36
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Originally posted by Barry81:
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it comes down to what else is happening in the background, so far management have made high level statements about the dso starting later this yr, studies ongoing for the intermediate stage benefication of phosphate and no news on the LFP plant even though asx milestones on studies and payments have passed. management have indicated to shareholders that a strong pipeline of news is imminent but thus far it’s all we would like to. If they can start dropping some of these announcements on the dso, YP plant or LFP particularly with Industry participants then this should take care of of the market cap and future funding arrangements otherwise it’s the boy that cried wolf
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I think the company have put LFP on the back burner. Which I think is smart. Its a distraction and we need to get DSO going as it's an important part in all of future downstream. I like the way management are just getting stuff done - focussing on the near term with the next step working away in the background. it was also good to see how much they aim to beneficiate in the quarterly. We are sitting on a lot of phosphate. What I need to see if an offtake to see what price we can get for the phosphate. better yet a new feaso. Still unsure how we're going to make it profitablte but I don't see why we would be going ahead of it isnt.