@Mutley8 ........."
they couldn’t refer to something that didn’t exist. Since then I’ve spoken to management, of which I do ask important questions, and one was the referenced as LME Fastmarkets."
So they announced to the market about LME reference pricing, then changed the contracts later, but decided to not inform the market when they put out a 'market update'.
Pull the other one, it plays jingle bells.
The official line is LME pricing until there is an announcement that changes it, hence why it is a waste of time calling the company to get informal information.
@Mutley8 ........
Not as funny as producing cobalt by now. Hilarious! What happen to recompliance all of a sudden?? Less than 12 months with no offtake? Firstly which JV entity, which ore contracts, which product samples, which offtake agreement, which plant mods, commissioning, etc etc."Are you now suggesting it was a half baked plan 12 months ago, not a total plan that could have had IE's start looking at it straight away??
If that is your story, then you are acknowledging that the SP last year was based totally on hype.
My understanding last year was that the plan was all coming together with both the plant and ore supply from the get go. It was just all the information around it was sketchy.
It is very easy to notice how you fail to answer the real questions, like why no business case from IE's?
Why did WFE not use ASX accepted 'competent persons' to do the initial 'independent' due diligence?
