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Ianwil

13,384 Posts.

965

09/05/24

09:32

Post #: 73739175
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Originally posted by Whisky49 ↑

so nice to hear the company side of the story from a ceo who knows the facts and has a wealth of mining knowledge

It always is lesv but the silly thing is there nothing he said that wasn't already known or gleaned from AGM's, quarterlies, other material updates and taking into account the recent crash in spod prices which was always going to have an effect on projects. it's why we had a review of operations. C&M is not off the table.

The fact remains it will take most of this year to get a more realistic handle on costs and we need spod prices at or preferrably higher at the same time. The new PR man may ensure more communication but that doesn't change the companies outlook or the shareprice , we have to establish viability as a miner and I doubt anyone is more qualified than JB or Sylvain . You can't do anything as a producer if your not generating cash or you just return to life as an explorer and live off CR's.

One thing JB will be well aware of and that is the market is considerably bigger than a company or an individual and there is very little one can do about that on a sustainable basis when your selling at a loss, at best a kneejerk event that fades away...first prove you can survive low prices and then try spruiking the company as a profitable operation, better still if spod prices are on the rise.

When he mentioned that there are milestones or events expected over the coming months then don't expect them in the coming days...although there are left field events that can happen any time.

Cheers Whisky

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The only thing we can hope is the price of lithium goes up and we get paid by PLL for their half, if we find a real buyer for the other half. Then we stand half a chance of making it. 75% of something is better than 100% of nothing.
Iam not sure if PLL have anything to do with Tabba Tabba.

SYA Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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