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clock Created with Sketch. 20/06/17
09:48
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Originally posted by DreamCatcher
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Why is the Company still quoting financials that are based on a PFS that is reliant on a production figure of 171 kt/y?"Whilst the Company previously released the results of a Pre-Feasibility Study in relation to the development of the Namangale Graphite Project on 16 December 2016, the Company is now revisiting that study based on the Company’s revised objectives for the Stage 1 production from the project." Presentation PFS 15/12/2016 "Forecast annual production of 170kt/y of graphite concentrate, with non-binding MOUs for 100kt/y from three China based end-users" "Annual OPEX is estimated at US$93M which equates to LOM average of US$536/t (FOB Mtwara), which translates to annual US$195M EBITDA ." Presentation disclaimer "Refer to Volt’s ASX announcement titled ‘Pre-feasibility Study Completed” dated 15 December 2016. The Company confirms that it is not aware of any new information or data that materially affects the information included in this document and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The company confirms that it is not aware of any new information or data that materially affects the information included in this document and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed
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Yeah, Call the company if you have any doubts mate... the key to holding volt is to question nothing just the soothing sound of SH's voice mail is enough to comfort most holders.
(20min delay)