Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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I think one lesson he should learn quickly is that he is the worlds worst salesman. he needs to hand over press interviews and on line verbal postings.
Qm3. I agree with what you are saying, It's the reason I invested in SAV but he has made a couple of moves lately I'm not so impressed about. But that's only my opinion. And I'm going to stay. Fingers crossed also.
Nav.
I sort of understand where you are coming from. However, DA has a good track record with his Australian mining activity. Also I think a key recommendation is that from the Portuguese, praising DA for the professionalism he has brought to the project. These two factors alone are, for me, justification that he really does know what he is doing. Time will tell, fingers crossed.
"Just don’t understand why we would appoint a “rookie” other than he can speak Portuguese and pass as a local. Hire the guy by all means but why boast it on an RNS when his track record is non-existent?"
That was exactly my initial thought. But..... DA claims he has a good track record. Perhaps he operated on word of mouth. It's an unusual way to operate and raises suspicion. But I did work under the same circumstances for many government bodies so.... I'm going to give him the benefit of the doubt today that he hasn't hired a rookie.
But my sentiment towards SAV after the last couple of announcements leaves me feeling not so confident in DA but I will stay at the moment as I believe the project is good. Management not so sure.
It is my second worst performing mining stock by far. The worst being TLG but that was my late entry. Others being PLS, VUL, VMS, EMN. Lets hope our fearless leader can make this shine.
The RNS is a public declaration of intent..... shows Portugal, shows EU, shows locals.... SAV is doing everything to ensure it is the best ESG it can be. Portuguese bit is probably a nod to Portuguese involvement and someone that can communicate clearly at 'local meetings' etc. I would imagine this guy will be at the Public Consultations.
There are plenty of consultancies specialising in CSG. Here’s one with a track record in mining https://www.erm.com/search-results/?q=Mining.
Just don’t understand why we would appoint a “rookie” other than he can speak Portuguese and pass as a local. Hire the guy by all means but why boast it on an RNS when his track record is non-existent?
"I agree the impact engaged with is small and unknown, but as ATD point out how many companies are actually available to do this. Even if there are, what costs would be associated with having a Big Player to do the same .
You're probably right and I shouldn't have jumped the gun. I have just surrendered a very successful business where I didn't have a website, didn't advertise, no linkedin, not listed anywhere (not even the directory) yet I would have some clients would charter me a plane or chopper so I could do what I had to do. I also was a one man band and must of been pretty good at my job.
Point taken. Probably still the CR hangover which I suspect is going to go on for some time yet.
@AIMtoDeatch thanks again. Slowly building mining positions under placing prices for the next 10 years. I'll start contributing here once I learn enough to be able to do so since being out of mining for over 15 years.
Nav.
I agree the impact engaged with is small and unknown, but as ATD point out how many companies are actually available to do this. Even if there are, what costs would be associated with having a Big Player to do the same .
Just as the EIA/APA and public consultation has been saying, local small firms will look to be used as much as possible. I know (or expect) this isn't a local firm, but it does show that SAV will engage with small firms.
You say you have concerns? What that the EIA will not be provided? The need for more funds? MdB will never get into production?
Why get concerned about a website that's clearly shown as 'in construction' and how many followers the guy has on LinkedIn?
Websites and marketing are time consuming exercises, for all we know this guy is the dogs and has connections in Portugal that can make a real difference. If that means SAV cop the bill for him to have a basic Word Press website built, so be it.
It's a business transaction at the end of the day and puts other miners on the the back foot where SAV are continuously improving.
Point me to the numerous international consultancies that provide this service. Id be keen to see the list.
mr flibbles - 1.DD with Galp complete and moving to next phase of binding contract for offtake.
2.detailsof engineering progress on processing ore and savings made via improved design 3.MOZ IPO 4.EIA passedby APA, Gov seem to think it is in a good place they can't stop singing about it 5.new licence areas in auction.....All before DFS.
Not sure about more offtake yet, no need to rush that we have money to get to EIA and DFS complete then in a stronger position, fundamentally and SP wise.
Another RNS of waffle. And given this
"Baobab Advisory (London) appears to have no available website or web history so maybe a start-up? More mouths to feed!"
My confidence is draining.
Here's the 'website'. Employees........1
https://uk.linkedin.com/company/baobab-advisory-ltd?trk=public_profile_experience-item_result-card_subtitle-click
Followers 4.
I'm getting concerned.
Hi, I am a new investor here (thanks to the placing). I like to see ESG focus. What is the next set of news beyond the completion of the feasibility study?
If the new monitoring system is as innovative as it would appear to be, presumably that would imply that there is no real existing major consultancies that have been banging this drum so far. This guy would seem to have past experiences that have prompted him to see the gap in the market he could bridge (not forgetting the Portuguese connections) with a first kind of kite mark.
Benchmark Minerals started as one man and an idea.
Don’t disagree TB but can’t we use an organisation with a bit of a track record and credibility?
Thanks Buffet but have you tried looking at the detail of his projects? It’s just stock images and placeholder text.
I know and understand there's very mixed views on DA and what money is spent on, it's right that there is different opinions.
However, should the EIA not be given, it won't be for lack of effort. The steps DA/SAV are taking to keep everyone happy and make sure every last possible box is ticked is applaudable.
Should the EIA be given, then I think it set a new benchmark for future submissions, one that SAV will be in a prime position (with the established contacts) to take great advantage of.
"Being a native Portuguese speaker, and knowing the regulatory processes and the ESG issues that may prevent your projects from being financeable by the financial banks, I now focus on helping developers/investors to get their projects permitted and financed, with a particular focus on Mozambique and Angola."
http://www.baobab-advisory.com/wp/
That not it there
Baobab Advisory (London) appears to have no available website or web history so maybe a start-up? More mouths to feed!