Ann: Extension of Voluntary Suspension, page-44

First 44 Last

Share
Profile

Follow
captjohn

2,410 Posts.

110

05/01/19

18:26

Post #: 37034035
Share

Originally posted by johnwightman ↑

Originally posted by maurice@demo
well we have the grades and resources demand is high from quality mid size producer a40

the scales of probability are tilted towards new off take partners expanding production this is the current narrative out there why would it be different for $a40 we have worked all year to ramp up and merge company to do exactly this expand and grow to supply demand thats why the BOD took this route to build plant first and drill out resource. second we in the box seat first to market with others
Hi Maurice. I have to say that I do not agree that A40 is a mid sized producer. I would classify it as a small producer. Talison might be considered as a large producer, based on its > $100m per month revenue from its Greenbushes operation. A mid size producer might be one which demonstrates a consistent revenue of between 25 and 100 million dollars per month. Most mines in Australia fall in this category. A40 is well below this threshold and has little more than a tny office in Osborne Park, a small camp in the eastern goldfields and a handful of employees there. We know that they have a contract miner and a contract crusher on site. A40 is the smallest producing lithium mine in the whole of Australia, If I'm mistaken, I'm sure I'll get a correction from the other posters. We should not be awed by the market cap.The market cap of any listed company is only a PERCEIVED value of that company and has nothing to do with tangible assets or track record.

Expand

Nevertheless, at the last meeting ..MC said 'after the merger 'we would be a mid tier producer!'.. early days yet!
& can only get bigger sothat's good enough for me.

BTW Dow up 750 points last nite...the Fed bank boss said not increasing U.S interest rates until stock market recovers..plus jobs increased over 300k ..so was buying frenzy.....love it !! this should be bottom..IMO

A40 Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

There are more pages in this discussion • 21 more messages in this thread...

First 44 Last

Add A40 (ASX) to my watchlist

Ann: Extension of Voluntary Suspension, page-44

Top Stories

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Scientific conference spotlights PYC's work on blindness disease treatment

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Sales growth pushes Lovisa's fortunes (and shares) upwards

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL