Sigma Lithium Corporation (NASDAQ:SGML) Q4 2021 Results Conference Call April 11, 2022 11:00 AM ET
Company Participants
Calvyn Gardner - Co-Chairperson and Co-CEO
Ana Cabral Gardner - Co-Chairperson and Co-CEO
Unidentified Company Representative
So, everyone, look, I apologize for the delay. We had technical difficulties, each one of us in a different part of the world. I’m on a West Coast of United States, and Calvyn is on the mine site.
Without further ados, we have great updates to give you. So, we’re very delighted that we’re able to co-host this call. So, without further ados, I’ll go through the disclaimer. It’s very important to notice that we’re going to make quite a lot of forward-looking statements in this presentation. So, please bear that the forward-looking information does not take effect of any items or curing after the statements are made, right?
And without furthers ados, I’ll pass it on to Calvyn, who delightfully will give you the construction update and starting with the completion of a 100% of the first step of construction with the Phase 1 plant foundation earthworks. Go ahead, Calvyn?
Calvyn Gardner
Yes. So, good morning everybody, and apologies for that. We were trying desperately to get online but it’s really struggling, but we made it now. So, that’s great.
So, look, a lot to be said. I need to be very quick on some of these. But, I think most people have been following the construction updates and the releases. So, here you are looking at the photo of the earthworks, which is now complete. We did obviously have some issues in December with record rainfalls. But we managed to catch that up, and now we really are moving into the civil. So, we are mobilizing the civils at the moment, equipment is arriving at site, and we expect the civil’s actual physical foundation to be going into late April, early May, based on how fast the materials arrive here.
[Technical Difficulty] maintaining steelwork and rebar and [Technical Difficulty] are arriving. And as soon as they arrive, we will move forward, basically starting the primary crushing area. So, [Technical Difficulty]. Commissioning, as I mentioned earlier, it’s initiated this year in December. And then, I think the big thing is that we fully funded. And on that, we have all the long lead items, ordering currently [Technical Difficulty] one item -- spent over $8 million. So, it’s moving very well.