I too was at the Perth forum. Plenty of confidence around off-take, it was said some potential offtake agreements would need to be only 6 months from production before signing a binding agreement however other offtakes are happy to sign sooner with a number of offtake options available to the company at this time. TB did mention an offtake announcement very soon "April" was his words. They gave a production start of first half of 2020.
Top 40/50 discussion was met by AM with a frown and his words were that the Top40 group was hanging like a sword over management's head. I however totally disagree with that perspective as my conversations with OZNT have only been constructive about the company and it's potential. I do see the need for much better shareholder engagement as management did acknowledge they have been poor at this. A proposal of OZNT was put forward to take that role; which I would fully support as I would like the remaining shareholders to also get the benefit of the engagement and great information that OZNT has provided the top40/50 group already.
WKT Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
