worth re-reading Quarterly to refresh on milestones and accomplishments forecasted within this (June Q) and next quarter (Jul-Sep aka Sep Q).
if all these developments and expectations get accomplished as forecasted in the Qurterly, we shall have good reasons to see sp going back to 5-6c range and beyond , upwards and onwards.
myself being project person, I really appreciate to see that Lepidico have had enough funds to get Phase 2 Long Lead items progressed during this year that there is no impact on critical path of the project delivery phase, this will pay off well in the execution schedule!
- Karibib FEED final estimate in June,
- Abu Dhabi Plant FEED estimate in July,
- FID starts from August,
- Funding external comments received by end of May
and hopefully gets resolved and approved within Jul- Sep too
- in paralel, almost certain Traxy's will have some good accomplishments with Li customer offtakes and CS offtakes within this period too - fingers crossed.
so, overall very exciting months (May-Sep) ahead;
there shall be boom of announcements from now to Sep.
happy days and be strong and calm. it will vome to fruition!
of course DYOR , but certainly read Quarterly report fully - good story and written very well.
have a great weekahead all!
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-99
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