In addition to what has been mentioned above, a few other things that were news to me in this webinar:
- Interesting to hear TS putting a value on the work already done on the mine of $100m
- BMW contract has a 10% discount to spot rate of previous month
- “Battery factory” is going to be built in Hungary, will take the hydroxide. It will go to factory, then to BMW.
- Tax rates so 13% cheaper in SA. “going to provide a $400M to build the hydroxide plant, and that will be at a rate of 2 and a half percent interest”
- Speaking of area around Wolfsberg, “it's a massive pulp and paper mill at the valley floor, which, logging trucks go up and down the roads all the time” - we suspected as such a few months back - but the local refused to confirm….
- Sequence of events from the horses mouth!
- Sec. Approval,
- the sizzle shareholder meeting to approve the transaction listing on the Nasdaq
- the financing.
- 1 of 4 (Lithium companies) to be on the Nasdaq.
- Labour costs being so much lower in Austria…. “we pay our geologists in in Austria 60,000 a year. and in Australia there's 250,000 a year. So that's a massive difference in in price. Just go down to the lowest level. So we, our receptionist in Austria, on 1,500 a month”
- Potential Funders: The Nordic Fund from Norway. They were the first ones to come to us once the Dfs was done. We've also got BNP. Soc Gen, Deutsche Bank
- After SA deal announced “we had a phone call from the Qatari Government…
- By products have “already arranged off-take agreements”.
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- Critical Metals Corp: Wolfsberg Project
Critical Metals Corp: Wolfsberg Project, page-65
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