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BB - good summary thats how I heard it too.In addition did not...

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18/10/18

12:27

Post #: 36171226
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Originally posted by binarybandit101: ↑

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.

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BB - good summary thats how I heard it too.
In addition did not throw out the idea of a special "dividend" or share buy back to reward share holders.

GXY Price at posting: $2.23 Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

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