That conference call should have its own thread. I'll start with a few points:
-Regulatory delay for opening up mine across Floater road is main cause of low quarter, 5 months delay instead of expected 3 months (thanks government), issue resolved.
-48 hour projected downtime for plant yield upgrade
-1.15 is expected grade for next few quarters
-higher than contracted price for a Spod shipment during Q2(?) because our stuff is high quality and the NEW customer wanted it
-SDV site tours completed with all potential partners in SDV south deal, Anthony Tse even more optimistic after visits, due to calibre and seriousness of shortlist.
-POSCO cash this month.
-Hint at SDV partner bringing more cash to balance sheet soon.
-Tolling is no longer a thing, higher involvement with downstream processing instead
-replace resource sold to POSCO by drilling (SDV resource upgrade?).
Just a few off the top of my head, feel free to correct me if i made any mistakes.
GXY Price at posting:
$2.22 Sentiment: Buy Disclosure: Held
