Woody. Let's make this simple for you and test your assertion.
(Opinion) I'm not disagreeing on the exit path, just that the exit isn't going to be what everyone thinks it will be .
(Opinion Based on Assumptions) They have had unsolicited offers, they were not worth entertaining.
(Analysis) If the offers were serious and material, the board would have tabled them. Continuous disclosure rules would force them to.
(Opinion) If the EU is bringing projects online, funded and supported by big investors, and the EU govt. it decreases the value of the FFX Spod.
(Analysis) Simple understanding of supply and demand. If the EU had no Li high quality supply then Goulamina Spod might be more valuable than a situation where Goulamina Spod supplements "local" supply from within the EU. Simple supply and demand dynamics. Nothing revelatory in this opinion or statement.
(Fact) PSC have offtakes and
(Opinion) will be mining before Goulamina, sometime in 2022-2023.
(Fact) They have also been accepted into the EU Raw Minerals Alliance.
(Fact) Whoever buys the company will still have to fund development of the mine, having the resource is only the first step. Anyway, good luck to all.
- Forums
- ASX - By Stock
- FFX
- Ann: Intention to Demerge Goulamina Lithium Project
Ann: Intention to Demerge Goulamina Lithium Project, page-109
-
- There are more pages in this discussion • 169 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FFX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online