Member Info for AIMtodeath

Consideration for the Transaction will comprise of initial cash consideration of AUD$1.0million plus the issue of 20,000,000 ordinary shares of 1p each in Savannah ('Ordinary Shares') to the Vendors So they got 20m last year, they just got another 20m.....thats 40m, RNS says they have 30m???

You did say..... That slipstream payment emptied the bank, that got very bare it seems. A discount is better than warrants, a small exclusive raise, like a private members club. Notice slipstream SOLD 10M shares!

In this year's is allowance.... See if I can find anything down back of sofa.

VW has passed the buck on securing battery metals to CATL etc. Made it their problem to find $24b battery worth of metals. Your not going to say how do you expect me to get the 'parts' for this.... You just make it happen for $24b.... With that you buy the stock or whole mines, build the processing plants and the battery factories.....Hopefully on their doorstep, might as well get the 'parts' locally ;)

The PFS has not even achieved Stage 1 out of 2. I'm sure end of March was 6 months for the whole thing, never mind stage 1. So yeah totally back burner, I made light of the 35% threshold but I still think market wise it is nothing to market's hunger for all things lithium right now. Guarantee if you finish paying for PFS you'll not get very much further with Portugal before needing funds. Can't have both I don't think. 15Mt threshold is another £800k circ and I'm hoping that's not far off. Drill holes are very short time wise between drills as there is no 100-200m of rock to get through before hitting the White stuff. Making it a lot faster to prove up.....and cheaper. Shock horror we might even need some cash for Oman.....when they are done gassing at Labs.

I get the feeling the PFS is on hold due to the costs associated with completion. Completing the PFS won't change the price of fish or the share price for that matter. It's hoop jumping for what is a fairly simple project, but as it makes little difference to us currently versus saving all available cash for near term advancement in Portugal for greater gains. Heaven forbid Oman advancement!

As a UK company expecting value and market scrutiny we could not do anything other than jump through the proper hoops to bring a project to fruition. Chinese are cowboys..... and no doubt bunged the right people to get what they wanted. Usually you would move people on a mining concession or not have a concession with a village on it.....

on just to grasp the market for them all, all went up large amounts this afternoon. Albe, LAC, Nemaska, SQM, AMG. of the EU/US ones. Ridiculous bounce for Nemaska the last 2 days, 1.31 - hit 1.02 and bounced back to 1.23 odd, dropped to 1.17 again today and yet back up to 1.27!!! If....IF... I had got some lift in the price here I might have afforded myself a little buy at around 1, certainly 0.96 long term base, but I couldn't sell here, or take on any more CFD margin as it could have compromised what I had here. I had to cancel the Facebook short I had because it kept peppering upper 160s like it was going to recover past 170 now loooooook at it!!!! grrrr it hit 151 yesterday..... So I am a bit peeved this is so stuck in a rut. I think the copper is a risk, muddying the water for people who want pure Lithium plays, its not hugggggeeee despite huge ones having lots of issues, like EMH/BCN, its not up with the best in the grades 1.5% either, so KOD has no JORC and lots of other negatives but its high grade. All these have more trading than SAV. I think breaking 15Mt and a scoping study will open the taps, its big enough then, its cheap, its spodumene, its got the financials laid bare by 'hatch' one of the best in the business (you don't argue with their figures)...... but despite having the licence we do need it bigger and for extra lithium plant etc and until you get noise coming from Gov will have non believers. However you need scoping study and metalurgy finalised to make the calls required for the licence changes. Mind if you get chinese interest thats told to the market then thats a stamp of approval, need to stop talking about interest and make it clear those players that are. As I speak Nemaska just broke back above 1.31!!! Agghhhhhhh near 30% gain for those that caught the bottom.....

Lithium and copper https://stockhead.com.au/resources/battery-metals-to-be-top-price-performers-over-the-next-five-years-says-macquarie/

Meat ....nooooooooooooooooooooooo! I'm doing pretty well on the others though. ;) Thanks for the thought.

Another 'irrational' rant was the basis of the post. Seems they expected in 2013 to triple their money in a year using magic money tree financing to bring along the projects. However anyone having bought in 2013 could have sold on a 13p spike at the start of 2014 so should shut the **** up about not seeing a return of 3 to 6 times their 2013 purchase price! In fact if you bought this share anytime since 2013 except for a 3 month max period in early 2104 you have lost NOTHING! In fact anyone here since 2013 is between 50% and 200% UP! Same as any purchase in 2015 to 2016! Anyone bought in 2017 is not down (2 spikes to 7p aside) BUT you have a JV at Moz at PFS for 4.4Bt, nearly (cough) licence in Oman (with a lot of ground work and drilling done with exploration target to 20Mt) and a very modern highly desirable commodity play in Portugal likely to beat the other 2 in value playing out right now.... SO STOP F***KING MOANING!!!!! Anyone caught on the 2014 spike S**T HAPPENS! I was bankrupt because of 2013/2014 on AIM at least you have a very good chance of seeing your money again at 13p max price bought, but I'm getting on with life best I can again even with dodgy health, so grow a pair, shut up until you get 13p then clear off. At 6p there is hardly a person here out of pocket not many shares since 2013 you could say that about!!! Fingers crossed we are reaching critical mass here! Though there are companies out there have achieved a lot more than SAV in a shorter time, I think its now hard to accept by some that Portugal will be any different in terms of dragging on and never quite get there, but the market price is holding after all this time so there is light at the end of the tunnel. Moz is far too long a play to fork out for such a heavy board, but timing was bad for the commodity, things are improving and timing will be closer to industry profitability now and way bigger than our first ideas. Oman well I am not sure they even predicted the poor performance of the Omanis (though did no one ask why no ones else was mining there?) and then there has been a big country shake up for the sector to delay further. Again that change in sector management may well be better for the deal that will be struck as we know it was not great originally...... We stil have a veil of secrecy over the size of the project after all the work done and any NPVs so its not really valued much after 4 years. I hope this flips as soon as PAM is achieved and news flows regarding this. Portugal has superceded the Finnish play (is that one regarded a poor play now?), and is the commodity everyone wants a peice of, if they make this to investment decision early 2019 it should vindicate the years of mailaise getting the other projects going and launch the company with multi plays alongside it for greater risk management in a 1 play company.

And the Chinese are coming.... https://www.strategic-risk-europe.com/china-pursues-lithium-autarky/1426735.article

They get a metal recovery update and MMs try to open it 10% higher, we get a near 10Mt JORC with 20Mt upside update and get nada....haha. The day they get a mining licence is the day I would only invest there. Kodal have no licence and no JORC, in Africa and they go up 8% today on strong buying.... though someone sold a single 35k tranche yesterday, part of the drop no doubt. Just what is it people want from this share? It might be small compared to some AIM 'hopefuls' but success has been obtained by big names Galaxy and Altura on modest intitial mine sizes and this has the highest chance of near term mining success in Europe and on a London Listing with the number one battery Lithium material....... Scoping study with some figures will probably help link the reality of having the mining licence, though you need to be mentally challenged not to be able to compare the size, grade, type of mine equivalent across peers not to be able to see the possible NPV of this. It can't be too dissimiliar to Sayona or Altura's studies.

Plenty of warrants out there would see us through this year.....cough.....haha ;)

BigSoc your not alone in being annoyed at Oman not progressing even Ice and IB etc are not jumping for joy, but they have accepted the reasons for this failure to launch and also see the value that can be delivered by bringing Portugal on too. Portugal is not delaying Oman, so if it was not for Portugal we would all be sat twiddling our thumbs since Mar 2017 (and share price going down due to Oman delays likely) or money would have just been spent on Finland instead. Portugal is a better way to spend money than Finland would have been. Yes there was dilution to raise money to bring Portugal on but for say a maximum �10m spent to get Portugal to investment decision given the market values out there for peers we could add �200m to the Mcap once operational. Thats a whole lot more than Oman would add and it will have cost at least �5m by the time its at investment decision. By having Portugal operational and having a significant income over Oman (which would pay wages and Oman exploration at most) means that we may well avoid future dilution in raising the large amount of money in CAPEX for Moz. By that stage we will have mining reserves and income to borrow against instead of issueing shares. The company will be stronger for having Portugal than not. And yes nothing is given with Portugal, but can you not see the blocks falling into place as a positive investment? Galaxy Resources started mining a 16Mt resource, you know the value of it now. It took them 4 years to get to an investment decision and progress, SAV has nearly 10mt in 8 months drilling and will have 15mt with ease in next 6 months and ready to progress start of 2019 just under 2 years from buying into the opportunity. We have the closest example of a spodumene mine outside of AUS to those in AUS that are having Chinese fall over them for their Lithium? We have a very simple mining process and very shallow making this the cheap end of hard rock and in one of the best mining jurisdictions in the world (not Oman rubbish, or Chile, or Argentina, or DRC!) Lithium and EV development is set in stone, every manufacturer is commited to building EVs and many countries have set time scales to ban combustion engines, the market is alive for Lithium miners and money will flow, dilution could well be offset majorly by a sizable offtake agreement, because this is the market of the moment never has there been a good time to be in a commodity money is chasing. Try getting money for an average silver mine at the moment. Apart from being annoyed that Oman has not progressed and annoyed that the company has taken on another project and your money has been tied up for a long time, (which is understandable) do you think Portugal is a poor investment? If the share is diluted 20% to get Portugal to mining, but it increases the value of your shares 200% to 500%, is that not a good thing? This share will not be above 12p on Oman alone and Moz seems a long way off and will not

There is only so much overhauling they can do of the mining code/process and there is only so long one ministry can push paper around before exhausting all possible excuses....... I'm hopeful all the time but heck it could still be end of Q2 before PAM, but still plenty of time to get mining as we have little to do to get into a mining position.

Will you bet on 2018?....haha ;)

It is clear from local media reports and previous Company announcements, that Oman�s mining sector is being reignited as part of the country�s economic diversification strategy. Alara is at the forefront of these changes, and has embraced the opportunity of working hand in hand with government to ensure the framework and procedures being introduced can successfully accommodate Oman�s burgeoning mining sector. SAV happy to let Alara represent the private sector and get it all ratified and so we sit and wait for the starting gun. Unfortunately wwwaaaaaiiiittttt. Painful as it seems, we probably looking at a better mining licence deal after this is all sorted than what was in place before.

To be fair BigSoc, an exploration company is always 'will probably be' until it is 'will be'. I am not a supporter of 'easy to fix' either. There is a little more glib around than I would be happy to derisk with. There are a few words to describe your comments on news update analysis but i'll go with 'irrational behaviour' due to long term investment stress/dissappointment. As Iceberg said, it is a legal requirement to put that statement up about the exploration, you can't assume anything else, but as can be seen on the new slides Grandao exploration target has already been hit by 15 drill holes not yet reported to us, so assume that there will be some increase as suggested in that statement. Mining possibilities have changed at Portugal and yes there is a minor risk in delay of a licence change, but I would like to think they have already done research on the possibility of mining licence updating before they entrered into the agreement with Slipstream. I doubt they are just assuming they can. Also Portugal is desperate to get itself on the international scene re Lithium and would be keen to push anything through for production. They are also one of the best jurisdictions in the world for mining, Oman they are not. Oman was never going to pay a dividend...... You won't get a dividend here until all mines are up and running, so look to 2021 minimum. There will be too much capital investment required. Your dividend is the share price increase as the capital spend brings on more projects and therefore more value. They will reinvest Oman copper profits into expanding the resource out to the 10-20Mt....again adding value to your investment, not a dividend. To be slightly fair to SAV when they instigated the licence application they did not envisage a mining sector overhaul to take place, stalling all applications until they have a pathway of future development in the sector. Archer has just not been very clear about this whereas Alara are laying it bare to shareholders..... we'd love to be mining buuuutttt this is happening in Oman. Also you were never 'assured' of anything. You need to step back and wait.... pain I know but wait, or sell up if you can't grasp the process taking place and expectations over the next year, or value in Portugal over Oman. When it hits 12p you can sell and move on. It certainly has plenty of opportunity to get to 12p again. Goal posts have moved for various reasons, can you cope with the new position?

It looks like obstruction to me and they have run out of things to obstruct and now delaying the stamping because they don't have any ink blocks, need to order some, slow delivery service.... Looks like some of these ministeries are fall guys having to invent stalling tactics until they get the mining sector direction on track. Can you imagine what Alara wanted to say when offered the chance to comment on - The labs have also provided an excellent forum to identify and address some of the challenges (and opportunities) Alara experienced as a foreign investor into Oman.