Ann: Quarterly Report and Production Guidance/Cashflow Report, page-133

Wash sales! Ha! What a laugh.

Teething concerns aside, let’s assume they’re normal for newer startup operations. And let’s assume they manage to increase the recovery rate of 49% as they’re setting out to do. Let’s assume they have a plan for avoiding wet season reduction of operations as they’re spending millions on it. Already ingesting a lot of hopium here.

Why, before addressing these issues and providing solutions would they provide FY25 figures when they don’t even know how much they’ll produce in FY24? They should already know how useless their projections have been for FY23. Instead of working on solutions to bottlenecks GM is preparing us for the absolute worst.

I fail to understand why he’s doing this. Work on the issues before giving up 2 years in advance. BP33 work is also extremely slow. Need to be more proactive.

GM has left no reason for investors to buy this stock until 2024 for BP33 results other than the volatile lithium price.