Member Info for AIMtodeath

Its a big sell too. The 6.34 and 6.3p sells showing are actually buys. There is a silent sell yet to show, can buy at 6.25p despite spread 6.2-6.5

Either traders out from the dip or people in the red since Xmas buys and deciding they were happy to B/E again.

with 6.3p gone in one as I type....6.5p

tickty tick....

IB your spidey senses were on alert!, dump the bad news, start the good news with a few RNS', start a PR tour and throw in another RNS to keep momentum. If there are any big sells today on buy volume it is proof that there is still Beaufort forced selling going on. Anyone holding this stock would be nuts to keep selling given the new information, or they still think Oman is more important than Portugal.

to Indicated. Looks like part of the extended only in inferred due to more sparse drilling as it was pushed out and tested. Big importance should be placed on this 70% converted to indicated without much in the way of extra drilling required. This is a cheap drill to get to this stage. Other miners drilling twice the depth all with diamond rigs, spending twice the amount and taking twice the time to do so.

So if I am right out of the exploration target we have only added one of the items, the 50% Grandao increase target 2-3mt but actually added added 4.8mt? So that leaves the lower pegmatite of 1-2mt and Reservatorio of 5-7mt still to be drilled? Giving a minimum target from the original of 6mt still to come hitting the magic 20mt with open strike on the Grandao target still much in play. This is very strategic release..... it brings us right up to the 15mt but without need for payment until the JORC pre Scoping study of all the target. This is just juicy enough without paying any cash out and sets up the NYC presentation looking dowen barrel of 20mt in short order. The exploratoin of the vertical peg at Grandao and Reservatorio should be quite quick as they will be strategic diamond holes to test the limits, so should come up pretty quick with a result in time for scoping study.

Nah, some others are sponsors too and only doing 15mins.

We are a sponsor, maybe gives us a little more time. European info not ready yet, I assume he will be speaking at London and Germany...?? By which time we will have a scoping study and 15mt+

I think there is no chance of that happening, Oman is a cash cow, high grade, easy money (if you can get a licence!). There is much to be got from the ground in those blocks. Oman would certainly fund Moz DFS costs. I also think there would be a revolt if he gave them up after all this time.....and money.

States - Among the many positive outcomes flowing from the labs, was a conditional approval from the Ministry of Water Resources received late last week. This approval clears the path to the issuance of the Project�s Mining Licence by PAM. They did not have a housing issue. In terms of working together don't SAV have a copper smelter.

I thought there might be another sell in the background as price stuck around 5.63p, but if you increased buy quote to 150k or above you would be quoted above 5.7p so perhaps close to equilibrium at the end. Strategic RNS' to keep a roll on momentum/sentiment would be good, however a days break from selling did not last long with today's 2 hits, if its still Beaufort then it will run dry eventually!

The price took them on the chin, shows we are far from out of the woods yet on selling. Getting more brazen, larger dollops. They may well have been in place when the 5.7p was soaking up the buys on Friday. AUS miners had a good day today. Short on news for a while, but maybe prudent to buy into the news, important news that it is.

I don't think anyone here or in fact Archer will mind selling to the Chinese/Koreans if Europe can't step up to the plate....haha. More fool them.

The only saving grace for the VW battery deal is the batteries are to be manufactured in Europe (for the cars sold here) so at least labour is paid for in Europe but Bosch didn't fancy a slice of $24billion.....fools. (but by the time they got up to speed on technology all the factories from Asia would have already been producing here) We need to see a European chemical producer now. We have the spodumene and Gwh battery plants are coming, shame to ship the spodumene to Asia to just ship back the LC or LH. Better economics to create LC and LH in Europe. As we will have the first 6% battery grade material it should not be long before a converter fits in the middle to supply the battery factories once they see a raw material supplier in the region with enough material. Anddddd more importantly the chemical converters will be offay with the material we have and should fit their current factory setups with little change needed due to long standing Aussie Spodumene use.

They are already behind the drag curve, the first EU deal in the chain is with Nemaska...... Though they maybe preparing for a move to EU supply after the first 5 years as run its course.

You probably couldn't hold your breath the time required for Oman....haha I am sure we will see media published coverage of the law progressing.... in meetings and some more meetings. Eventually someone will actually pull the trigger on the new mining law and the ball will start rolling in the Oman mineral rich hills. The longer they procrastinate the loss of income to the country goes on. MM's are going to have to let it run up more soon if they get no sells as they will need more stock, but they are making a killing on the stock picked up in the very low 5s! More headwind than I thought, 50k on ASK at 5.4p actually took 200k to take it down and 5.7p has been hit with 270k thus far. To note over the course of 400k buys the BID was dragged up 10% from 5p to 5.5p. Little in the way of bargains inside the spread today once it started to go up! Though maybe the Beaufort seller was off sick today....haha... and it will be situation normal again tomorrow. I'm not going to shed a tear for those that traded out looking in lower..... However the Beaufort selling pressure added to the general tough market (lithium and world general) headwinds since Xmas, eventually made the price slide and with some news not received well by some it was the perfect storm for a selling dip. I have accepted the delays to Oman and Moz to be substituted by Portugal that is at the right time in a market primed to go off with a bang. The others will join the party when they are good and ready for a Brucie Bonus. (RIP beloved Bruce Forsyth!)

When you have a greater % of near surface material does it make it easier to convert greater %s to indicated and onto measured etc. Due to it being more accessible and less conceptual? I know infill drilling goes towards this to prove up gaps between drills, but what other factors increase the conversion to indicated and beyond? Or does it just mean that your more likely to actual mine most of it as supposed to large resource and not necessarily economic to mine it, so you have plenty of resource but DFS only plans for half that figure as its really all you will be able to get at economically with that DFS plan? So in reference to SAV the more we discover near surface the more that will actually be in the mine plan and mined as supposed to being headline figures that are not obtainable under normal mining activities to be profitable to do so. Of course spodumene production costs start to elevate the more overburden/mine complexity rises.

Well back at my last buy price so I didn't get stiffed for too long at missing out on 5.3p! grrrrr. I do feel that Archer wanted to get all the mundane and delay RNS' out to get rid of them as distractions as Portugal ramps up. Dissappointing as the Moz delay is I really feel that it a: can't take away money from the hot development of Lithium because Moz is a long term market thats only recovering and b: Given costs to get us to 51% we really needed income from Oman to support not raising lots of money to pay for DFS etc on Moz. I really find it niave people would come on here saying oh you will need to raise money before the end of the year, if you steamed ahead with Moz your eyes would water at the amount of funds needed raised to get to 51% without help from another project delivered earlier like Oman. That opens up borrowing capabilities as you have Balance Sheet assets that are procucing income. Then Oman damn thats been annoying being a possible precursor to taking Moz fwd more quickly due to points above, however it is clear news wise that since towards end of last year Oman is on a country wide upgrade to utilise all assets to offset oil income dropping. Mining/expoloration is onle of those things being overhauled and they don't do things quickly. Certainly not the board's fault then delays but maybe a small finger in that Oman was chosen as a place to do business and better jurisdications exist. Now shareholders have digested the whole delay thing and for whatever reasons they occured, those still unable to grasp it/stomach have sold up and those happy to accept the reasons and also to see the new path inclusive of Portugal and the need to direct energies to it near term to counter the other 2 delays and it being a better place to spend the time, energy and money now for long term benefit. Things change, can the company adapt, is the adaption within your understanding and within your investment goals? Those that have bought in from 6.5p down to 5.25p have those that sold either were trading out or don't want on this new path.

It was like the final flurry on the volume on good Portugal long term news (post the trail of value hurting mundane yr end, salaries and drifting targets). And consiracy theorists would mention the 100 shares at 5.4p post the 300k saying done here....