share_log

5E Advanced Materials, Inc. to Host Investor Update Conference Call on November 21, 2024

Quiver Quantitative ·  11/18 16:21

5E Advanced Materials plans an Investor Update conference call on November 21, 2024, to discuss operational and strategic developments.

Quiver AI Summary

5E Advanced Materials, Inc. announced plans to host an Investor Update conference call on November 21, 2024, after market close, where the company will provide updates on operational highlights, commercial development, and strategic initiatives. The call, scheduled for 5:00 PM Eastern Time, will include a live Q&A session with 5E management and can be accessed via the company's website or by phone. 5E focuses on becoming a leading supplier of boron and lithium materials, targeting industries involved in decarbonization and domestic security. The company has a Critical Infrastructure designation for its Fort Cady complex in California and aims to develop capabilities in both upstream extraction and downstream processing of these critical materials. The press release includes forward-looking statements that caution potential risks and uncertainties related to the company's operations and plans.

Potential Positives

  • 5E Advanced Materials is hosting an Investor Update conference call, indicating transparency and engagement with investors.
  • The company has received U.S. government Critical Infrastructure designation for its Fort Cady Complex, emphasizing its strategic importance in the boron and lithium markets.
  • 5E aims to become a vertically integrated supplier of critical materials, aligning its business strategy with global decarbonization and security initiatives.
  • The upcoming call will provide updates on key operational highlights and commercial development, indicating progress and future potential for the company.

Potential Negatives

  • The press release highlights the Company's limited operating history and lack of revenue from proposed extraction operations, which raises concerns about its financial viability.
  • 5E Advanced Materials faces substantial ongoing losses and requires significant additional financing to execute its business plan, indicating financial instability.
  • The company operates in an exploration stage with no known mineral reserves, increasing uncertainty about future resource extraction and operational success.

FAQ

What time is the 5E Advanced Materials Investor Update conference call?

The conference call is scheduled for November 21st, 2024, at 5:00 pm Eastern Time.

How can I access the 5E conference call webcast?

You can access the live webcast at on the Company's website.

Will there be a Q&A session during the conference call?

Yes, the webcast will include a live Q&A session with 5E executive management.

How long will the archived webcast be available?

The archived version of the webcast will be accessible for one year following the call.

What is the main focus of 5E Advanced Materials?

5E Advanced Materials is focused on boron and lithium production for sectors like clean energy and domestic security.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


$FEAM Hedge Fund Activity

We have seen 6 institutional investors add shares of $FEAM stock to their portfolio, and 54 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • ARMISTICE CAPITAL, LLC added 4,980,000 shares (+inf%) to their portfolio in Q3 2024
  • BLACKROCK, INC. removed 427,961 shares (-46.8%) from their portfolio in Q3 2024
  • GOLDMAN SACHS GROUP INC removed 320,627 shares (-100.0%) from their portfolio in Q3 2024
  • NUVEEN ASSET MANAGEMENT, LLC removed 243,042 shares (-100.0%) from their portfolio in Q2 2024
  • NORTHERN TRUST CORP removed 221,989 shares (-76.5%) from their portfolio in Q3 2024
  • MACQUARIE GROUP LTD removed 193,766 shares (-26.1%) from their portfolio in Q3 2024
  • Y-INTERCEPT (HONG KONG) LTD removed 148,821 shares (-100.0%) from their portfolio in Q3 2024

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Full Release



HESPERIA, Calif., Nov. 18, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) ("5E" or the "Company"), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas (Fort Cady) Complex, announced today the Company's plans to host an Investor Update conference call after the market closes on Thursday, November 21

st

, 2024. The Company will host a live conference call and webcast to provide updates on key operational highlights, commercial development and strategic initiatives at 5:00 pm Eastern Time. The webcast will include a live Q&A session with 5E executive management.



Interested parties can access the live webcast of the conference call on the Company's website at



, or for participants that prefer to dial in by phone, dial in using toll-free number 877-545-0320 with Participant Access Code 702160. International call participants are instructed to use toll-free number 973-528-0002. Please log in or dial in at least 10 minutes prior to the start time to ensure a connection. An archived version of the webcast will be accessible for 1 year following the call at



in the Investor Relations – Events and Presentations section of the website.




About 5E Advanced Materials, Inc.



5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) is focused on becoming a vertically integrated global leader and supplier of boron specialty and advanced materials, complemented by lithium co-product production. The Company's mission is to become a supplier of these critical materials to industries addressing global decarbonization, food and domestic security. Boron and lithium products will target applications in the fields of electric transportation, clean energy infrastructure, such as solar and wind power, fertilizers, and domestic security. The business strategy and objectives are to develop capabilities ranging from upstream extraction and product sales of boric acid, lithium carbonate and potentially other co-products, to downstream boron advanced material processing and development. The business is based on the company's large domestic boron and lithium resource, which is located in Southern California and designated as Critical Infrastructure by the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency.




Forward-Looking Statements



This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements other than statements of historical fact included in this press release regarding the Company's business strategy, plans, goals, and objectives, including regarding the anticipated changes to the Company's board of directors and management and anticipated benefits, are forward-looking statements. When used in this press release, the words "believe," "project," "expect," "anticipate," "estimate," "intend," "budget," "target," "aim," "strategy," "plan," "guidance," "outlook," "intent," "may," "should," "could," "will," "would," "will be," "will continue," "will likely result," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Company's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. We caution you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond our control, incident to the extraction of the critical materials we intend to produce and advanced materials production and development. These risks include, but are not limited to: our limited operating history in the borates and lithium industries and no revenue from our proposed extraction operations at our properties; our need for substantial additional financing to execute our business plan and our ability to access capital and the financial markets; our status as an exploration stage company dependent on a single project with no known Regulation S-K 1300 mineral reserves and the inherent uncertainty in estimates of mineral resources; our lack of history in mineral production and the significant risks associated with achieving our business strategies, including our downstream processing ambitions; our incurrence of significant net operating losses to date and plans to incur continued losses for the foreseeable future; risks and uncertainties relating to the development of the Fort Cady project, including our ability to timely and successfully complete our proposed Commercial Scale Boron Facility; our ability to obtain, maintain and renew required governmental permits for our development activities, including satisfying all mandated conditions to any such permits; the implementation of and expected benefits from certain reduced spending measures, and other risks and uncertainties set forth in our filings with the U.S. Securities and Exchange Commission from time to time. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, our actual results and plans could differ materially from those expressed in any forward-looking statements. These risks are not exhaustive and the information in this press release may be subject to additional risks. No representation or warranty (express or implied) is made as to, and no reliance should be place on, any information, including projections, estimates, targets, and opinions contained herein, and no liability whatsoever is accepted as to any errors, omissions, or misstatements contained herein. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as to the date of this press release.



For additional information regarding these various factors, you should carefully review the risk factors and other disclosures in the Company's Form 10-K filed on September 9, 2024 and subsequent filings with the U.S. Securities and Exchange Commission throughout the year, as well as in its filings under the Australian Securities Exchange. Any forward-looking statements are given only as of the date hereof. Except as required by law, 5E expressly disclaims any obligation to update or revise any such forward-looking statements. Additionally, 5E undertakes no obligation to comment on third party analyses or statements regarding 5E's actual or expected financial or operating results or its securities.




For further information contact:



Joseph Caminiti or Nathan Skown
Alpha IR Group

FEAM@alpha-ir.com

Ph: +1(312) 445-2870



これらの内容は、情報提供及び投資家教育のためのものであり、いかなる個別株や投資方法を推奨するものではありません。 更に詳しい情報
    コメントする