Bradda Head Lithium exceeds targets, secures US$3 million royalty and moves closer to production. Watch the video here.
SVB saga has demolished the markets this morning, has nothing really to do with H&W specifically. If you have the money now, it's great to be able to get more shares. The whole FTSE has been rocked.
Leaders in the company buying shares when it's so low is no surprise. I feel there may be a II coming into this within the next 12 months. Once the debt facility is sorted and these upgrades arrive it'll be like a 747 leaving the runway!
It was never going to send the sp vertical. The whole point is, being a cfo, you know numbers and you know what's on the plate here.
So he got in, pretty simple really. It's more of a sign that you can add to your research that I would hope you all do before putting your own money in here. I have a whole spreadsheet of pro's for this share with only 1 real con listed atm, and that's to get the debt facility sorted.
No Stokey, the size of that plasma it will be have the capability for full Cad/CAM work, computer aided design, so any shape engineers draw up, they'll most likely be able to program onto that machine and cut it out.
In another photo pictures is a large plasma cutter, capable of cutting sheet metal to certain profiles and shapes. Value of that machine production wise is injcredible. especially if H&W have had to subcontract that type of work in the past.
Karen in one of the photos, it's a robot welder, programmable to weld things by computer, capable of increasing production time and savings costs in labour that could be utilised elsewhere, there are some welds robots are incapable of. Likelihood is that we are being advised by Navatntia's engineers and purchasers so we tick certain criteria of exactly H&W yards to need to be able to produce. With regards to the ordering of that equipment, it depends if it's a bespoke welder designed specifically for H&W yard or if it's a machine that companies produce via their line of manufacturing.
Here you go Stokey.
https://www.linkedin.com/posts/activity-7037688787560222720-T8YQ?utm_source=share&utm_medium=member_android
Big big big, capex order going in, it will be signed off with financial backing! That upgrade is huge news!
I'll never change my stance here, while this SP continues to be in the teens. It's equal to sitting on a gold mine.
Facts are there, contracts are there, all the evidence is there, we are just waiting for the fuse to light.