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rainbowdaisy

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11/02/21

23:43

Post #: 50915807
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Originally posted by boy1: ↑

To be honest, one thing we really should be highlighting, which I think is a big driver of the renewed interest in our lithium project and a huge competitive advantage to our peers is it’s not just that we will survive and make money if lithium prices hit the floor, it’s our access to over 550 skilled workers. Do not understate this.

It also keeps the gov happy as we are employing locals so it’s a double derisking characteristic.
A 4.5mtpa gold plant and operation needs 550+ workers, our lithium project is 2.2mtpa and from surface, so I’d guess we would need 150-200 at steady state.

Having access and a reputation for getting skilled labour is critical in Africa. We have this.

Expats will likely oversee the metallurgical side of things, locals will manage the rest I suspect.

We have the labour, we have the project, the money is on its way IMO.

2 funded projects are very likely to now be sitting in FFX very soon.

super exciting, I’m extatic atm.

still a few more runs to score but I’m 87 not out and going to take my helmet off and raise my bat soon.

Boy

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didn’t the company just announce in the Quarterly, logistics including access to skilled labor force is an issue with Goulamina?
i mean what has changed between knowing about Morila’s labour force at time of doing DD and now when 29 Jan 2021 Quarterly Activities Report sees access issues to a operational labour force for Goulamina? Or was the company only claiming operational labor force issues (company uses “improve”) for on-site lithium sulphate production?

FFX Price at posting: 26.0¢ Sentiment: Hold Disclosure: Held
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Ann: Investor Webinar, page-250

Top Stories

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Utah authorities sign off on Anson's lithium extraction plans at Green River

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