C79 (ASX) Ann: ASX Small and Mid-Cap Conference Presentation

C79

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$5.58 chrysos corporation limited

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curlyhart

314 Posts.

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15/04/24

07:53

Post #: 73341354
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Originally posted by PortfolioPlus: ↑

Presently just gold, but who knows, given the units have a 10 year life, at the end of their 5 year leases with Au they might be sent down the line at reduced lease payments.
one thing which is blindingly obvious in the two years since listing, there is a long lead time between looking and contract signed and then a lengthy time from contract to deployment.
No way can they meet their FY24 forecast of 38 deployments by June 30.
We may have industry disruptive potential, but the herd ain’t busting down the doors to participate.

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This sounds like we are going to just miss the target, although with only 27 currently installed it does sound like a struggle.
With 49 contracted, that keeps us busy installing for a while. It would be good to have further contacts announced in the next 6 months or so.

Was there an announcement for silver and copper? A year ago they were listed as highly sensitive, not commercially available. That seems like a big achievement to me.
I do expect at some point that miners will be fighting over our product, but it doesn't seem like we are quite there yet.

Originally posted by PortfolioPlus: ↑

Presently just gold, but who knows, given the units have a 10 year life, at the end of their 5 year leases with Au they might be sent down the line at reduced lease payments.
one thing which is blindingly obvious in the two years since listing, there is a long lead time between looking and contract signed and then a lengthy time from contract to deployment.
No way can they meet their FY24 forecast of 38 deployments by June 30.
We may have industry disruptive potential, but the herd ain’t busting down the doors to participate.

Expand

C79 Price at posting: $7.07 Sentiment: Buy Disclosure: Held
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