Member Info for 5toamillion

Apologies accepted.

Why would anyone bid now with the history of lithium price volatility? They’d wait till the last possible opportunity.

Thanks 👍 short term hiccup, could be an opportunity to top up if anything. Having our name mentioned alongside 3 majors supplying the LNG shows just how much potential we have here.

What happened? Didn’t get chance to watch…

Sorry I misread 6. Cheers Bert. I was wondering about the grant, also the loan is linked to AGM offtake which will give it more strength. £27m is only about 15% of our current cap, a drop in the ocean if it unlocks full funding.

This is for up to 60% of the capex($280m) so $170m + $128m Portuguese grant. $296m total funding solution. We will need funds of our own and the agm has allowed for $72m of dilution which will probably be accessed over the construction period. I’d expect we’d need 10-20% of the capex in the bank to unlock the loan.

Https://www.lse.co.uk/rns/SAV/loi-for-up-to-270m-loan-guarantee-from-germany-kvjkjggtgkreulw.html

This rise has definitely been linked to the politics recently, if they don’t get it through today which I believe is the last day it could drop back to 12p levels.

DFS due July, resource bigger but grade isn’t as good, 100% owned.

o Base Case post -tax NPV8 of US$953 million, IRR of 77% and payback period of 1.3 years

o Life of Mine ('LOM') revenue of US$4.2 billion

o LOM EBITDA of US$2.8 billion

o LOM post-tax free cash flow of US$1.7 billion

o Based on average 5.5% grade spodumene concentrate LOM price of US$1,464/t

Scoping study pre resource upgrade.

Let’s hope they can pull off what this group of scumbags couldn’t.

Are you not doing the same thing in an attempt to get people to hold and buy? The danger of these boards is if someone uses either side as an investment decision.

I bet repsol are feeling a little left out…

The fundamentals are in the 24 🚀s, the more rockets the better the fundamentals.

@JackB14 certainly looks interesting there, €110m Portuguese grant, AGM lithium holding 15% (just bought zinnwald) and an offtake agreement, LOI non binding for a $270m loan from Germany.

Listed in the industrial metals sector.

Accumulation, manipulation, distribution. 2H 2026 is when this really gets going, optimisation by the end of June and Funding Q3.

100%. Assore could have bought elevra out and taken on the jv role but have bent over without any fuss, only a few months after RAT… ‘jurisdictional risk’ says it all, Ghana have something to do with this.

Poor management from the board, where have all the raised funds gone over the last 2 years? Could’ve drilled and doubled the resource in that time. Literally just fleeced shareholders with a raise through longstate and pension funds. Why have they sold everything? We know the prospects of the cotes license, sell the Ghana assets and have $210m to develop cotes and acquire licenses/small producers.

Herbert gets his remuneration for a sh*t deal, Keith has been paid a fortune for the last 2 years for doing nothing, Amanda has fleeced everyone. How these 3 can look themselves in the mirror and believe they have any integrity is beyond me.

‘A recent test firing programme was attended by representatives from Pluto Aerospace, Purdue University and various US Government Agencies alongside Blencowe's Chief Operating Officer Iain Wearing.‘

Various gov agencies… nasa, DoD and DFC by any chance?

Orbital testing next… blencowe into space 🚀

Hopefully see some buying this afternoon, break through the 50sma and we’ll be heading for the teens. JORC and funding update should see us double from here provided there not too much dilution involved.

If someone is looking to take an equity stake in the project, why would we value that equity stake without lyan and beehive? It will help us give away less of the project for similar amounts of money.

Could break above the 50sma tomorrow, bit of resistance in the 9s but we could well break through that. Big W shaping up. Wonder if someone knows that beehive could be the trigger for funding?

@Teddy-KGB2 I haven’t looked fully into it yet, they have got €110m Portuguese state funding which I found interesting. Will do some more research. Hard to state out of the lithium scene at the minute I’ll check out sigma too 👍