Good questions there El J. I wonder where your first 2 questions...

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12/05/18

13:40

Post #: 33053821
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Originally posted by El Jefe ↑

Im hoping to be able to ring the company next week with a few questions.
I will update if I can get hold of someone but these were a few I had.

1. What due diligence does the company do with regards to choosing offtake partners and is that an ongoing thing after the partnership has been established? Financial wellbeing of partners, progress updates of lithium carbonate/hydroxide plants in China etc

2. Does the company have any protection if they become aware of an offtake partner coming under financial pressure with a possibility of not being able to meet its obligations and what plan does the company have if that were to happen?

3. When does the company get paid for the lithium shipments and if a payment has not been received on time will the market be informed?

4. Is the concentrate that will be produced from the LFC contracted to Burwill?

5. With talks of a second DMS, will the company look to diversify its offtake partners and are higher prices expected to be achieved compared to previous offtake deal as per peer pricing?

6. How much of an effect will the rising oil prices have on operating costs and can anything be done to counteract this?

7. Lithium sentiment seems to have peaked towards the end of last year and start of this year, comments have been made by the company that there has been alot of enquiries in the past, has demand for product deceased alot since the start of the year or what is the companies view of that for the near future?

8. Whats going to happen to our Tantalum, will we see a binding deal?

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Good questions there El J. I wonder where your first 2 questions may have originated from.

I guess personally, I'd like a bit more info on Spinco as Cowan was one of the main reasons I bought in the first place. I'd like to know how much influence MC or the BoD of the merged group (as they will own 15% is my understanding) will have on the newly formed exploration company and whether there is any future plans to work together with SpinCo.

Can't wait to hear what you report back. Particularly questions 5 & 8.

TAW Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
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