@tenayshus Regarding 3PM.
Maybe i'm missing a lot of things but
- In the last Quarterly activities report of 31 dec 2020 they published that test work confirmed assumptions in the PFS ( some of the findings exceeded the assumptions)
- Atm, they have 4,7m AUS in cash and they burn aprox 500k aus per semester. Not counting the expected funding from the EU (666k AUS). They have 1.3m in liabilities. I mean, they are not going to default tomorrow.
- They have been granted extended permits for the continuity of operations past month.
Whats the deal about the price? do you think its high with the NPV provided?
Regarding 6KO.
I understand that PFS figures are based only on probable reserves? because thats only 7% of the total possible Mtons of LCE (inferred+indicated). Thats a lot of upside potential.
Maybe i'm missing a lot of things but
- In the last Quarterly activities report of 31 dec 2020 they published that test work confirmed assumptions in the PFS ( some of the findings exceeded the assumptions)
- Atm, they have 4,7m AUS in cash and they burn aprox 500k aus per semester. Not counting the expected funding from the EU (666k AUS). They have 1.3m in liabilities. I mean, they are not going to default tomorrow.
- They have been granted extended permits for the continuity of operations past month.
Whats the deal about the price? do you think its high with the NPV provided?
Regarding 6KO.
I understand that PFS figures are based only on probable reserves? because thats only 7% of the total possible Mtons of LCE (inferred+indicated). Thats a lot of upside potential.