Jul. 24 at 5:04 PM
$MSMGF Takeaways from my call w/mgmt
As a large holder I can't share all details from a private conversation, but I can share my personal impressions.
• The Avenir JV has only strengthened my conviction. It appears to be the culmination of a relationship developed over time, not something overnight.
• I continue to view the JV structure as unusually EXCEPTIONAL. Grid remains operator w/majority interest in FW while bringing in a STRONG partner.
• Mgmt remains highly focused on execution. The priority is advancing the project the the next technical milestone in 2-ish mo's
• The upcoming maiden cesium resource remains, imo, the next major catalyst. That technical report should answer many of the questions investors have been debating.
• Beyond FW, I continue to believe the market assigns very little value to Grid’s broader portfolio & strategic partnerships
These are my own opinions after following the company for years. As always, everyone should read the company’s public filings & STAY TUNED!