Well well well
now we discover that this Refinery project needs to be completed by 31 march 2024 & detailed DFS, BFS & engineering drawings, budget & site plans submitted 3-4 months ago.
where are they?
why havent these been released to the asx public
what are they hiding?
whats the conc annual delivery from POS, what year, ore feed throughput, grade averages, aisc, funding $340M coming from, JV terms, site location, staff numbers etc?
all done in SECRET
FEDS know we dont
The FEDS putting in $120M cash, to meet their stated criteria, it must be high margin profitable, 50ktpa production targrt, POS offtake agreed, 50ktpa metal supply, staff costings, building plans & POS was co-signatory with full disclosure to POS,
but not to ASX PUBLIC!
After 7 days still no JV agreement or offtake deal
without POS there can be no refinery
POS & PH must propose 75-55% ownership/ profits & control of grant funds, site at BS, sign on fee $60M to POS & offtake deal plus 10% of spot NP or no deal.
We hold all the Aces imho.
unless PH is crap.
There are thousands of other battery producers such as Tesla Panasonic & LJ who would step in & take PBTs spot if they wont agree fair terms with POS imho
What are the terms, budgets, plans & DFS figures?
Must be very detailed & BIG as FEDS wouldnt have put in $120M.
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