Member Info for AIMtodeath

A throwaway remark, in that I would be including their projects in that too, i.e. your projects are worth nothing and more if you don't even have a valuation above your cash never mind the projects. An extreme example of market disconnect. On the otherside of the coin, AIM is relunctant to give value on potential either as its nothing until it is something....when it is something its often not valued at that either..... then you have oil drillers valued 10 times their potential because of hype in a DYING industry! Companies on aim should more fairly be valued as per their assets and potential - If only ;)

One look at the scramble for shares in UKOG and VAL to name but a view with unknown outcomes, we have a snap shot of the future and we have volumes and grades at all 3 ventures. Just to get them to market.

Given some companies can be valued at less than the money in the bank, there is rarely a connect with value anymore, just a direction to suit the market.

I was more leaning on the actually putting pen to paper on the deals as supposed to looking for them from scratch. Alara has had offtakes in place/signed since last year. But we seem to have been relunctant to progress anything Oman until further along with the Licence....without this it all means nothing. I also hope that there will be a flood of further announcements around the actual mines themselves. The DFS/final investment decision I imagine will hold information not yet seen and likely hood of near term upgrade in resource given all the drilling that was done and further testing re: plant and products. It just all went quiet on the information front whilst these approvals have been sought. I know they probably held off further spending on the project knowing of the wait, but there was plenty of info that was due from previous spending and work done.

In Oman making the call to Proactive would appear to be the reason for the call clarity on Directors talk. Oman - JV meetings, Board meeting and working on this final approval. Is this the turning point on Oman with him openly talking about it and reiterating mining in 2018?? Is this them tying up the plan to move forward now its close enough to bother making plans? No doubt they have to start thinking heavily on the financing/offtaking that they don't have in place yet.

More chirping from TACanary....

I see Lithium Stock prices in US/Canada/AUS starting to stabilse after the drops. I have what I can afford here, so can't spread out to others, however I have some fairly low ball chart support lines that if for some freak drop I would definitely try to get into somewhere else for a recovery. You could get recoveries now in some but those recoveries could be outshone by the potential rise here as things fall into place.......sometime!

Meanwhile at the 6p share....... haha

Someone picking up shares at a great price. MMs determined to let shares go at 6.1p even when there are 250k desired. Whom still has that amount to sell at that price to the buyers?

End of year on Portugal alone looking at 3 times current price as a rough comparison, (at todays price, they were 30% higher end of Jan) so up to 4 times likely.

Well the 8am one with news the brokers were not offering any discounts to spread or someone opened up a CFD and you have to take the spread ASK figure if you OTC it. Example of ripping off/hindering CFDs is Kodal spread today, the ASK is high but trades as buys seen on the sell side of the spread, that makes loads of buys look like sells.... closer look at the prices shows the buys out from the sells, but a CFD/SB would have to take 22p and pay way more than share buyers. If you want 100k or you want 25k you would find you might get the 25k inside the 100k. The more you want the more you pay. Different brokers offering different prices. Trading slow so they tighten the market price but not necessarily the spread to get liquidity. Yes you do get ASK drops when a sell has gone through that has not been posted yet, maybe, maybe. But equally the sell would not have come up to 6.07p Tested the 6.10p are buys, 6.07 sell. Very tight.

Cool, I have roughly 0.03% can I? HAHA.... But its all I can afford....boohoo. Right which one of you lot is having an all week party at an island retreat when this is 60p!!!!!!!!! I want an invite!

From what I can see the MMs delayed all the morning sells to encourage buying to get price up!??? Nothing to do with size, it was wholesale sells they appear to have delayed. Or is that just the moneyAM feed that has happened on?

Kiwi 1. Charts do NOT predict the future, they report the past. There are too many other factors in the market at the moment for the price to be directed by a chart alone. We also do not have enough trading volume/history to make a chart responsive enough to enough people to act upon it (i.e. the current market whole/lithium is too volitile and will dominate any chart trading by a handful of investors), which of course all the MMs see the chart too and can play the opposite to catch chart traders entries etc. Best used to augment your trading, for example deciding to enter a share because of firm financial/market factors, but do it on a better entry point using a chart say. That could be argued to fit in nicely with your bull flag, but market jitters are in play too. VALirx had a surge in price not long ago and Align Research (whom obviously have a position!) were harping on about a chart setup and breakout etc..... did the price go that way despite the chart ramping of Align? No NOT at all. Case and point. SAV will not break out into a new range because there is a bull flag, if it breaks out it may be supported by 'additional' trading but it will not be the reason it breaks out. 2. Try understanding the detail behind announcements - JORC update, you won't get one for the already released targets as they have not drilled further to improve the zones they were targeting and they have not drilled enough of the new areas to make a JORC viable - Amendment to the mining licence, I am not sure what you suspect to see here, they only thing that counts is the amendment reported back to us and not until year end I would have thought. I don't think they will have entered it yet either as they have not completed the scoping study which will define mine size and the new plant required. - The PFS is in 2 phases, we are awaiting only Phase 1 completion, Phase 2 does not start until Phase 1 is complete.

Congo and Zim have some huge Lithium finds recently but despite the jurisdictions, people and their money are attracted to SIZE...... MOZ is in another risk league to these countries as far as Africa goes, I am not worried about Moz. Even Kodal in Mali need only look at Randgold for not long ago having issues. We might just be the test case for Europe....3 drills says Archer eyeing the goal even closer.... Did they see something they liked in the new targets that they want to drill them and expand the current zones for JORC expansion. He seems to confidently be saying 10km zone...connected??

If and how many shares of SAV BF held and whilst trying to balance their books may have been selling them. There appeared to be always enough shares on the sell side to counter buys of late.

A couple of things.... Numbers are known now with fairly good forecasts, this has every potential of hitting 20Mt which is more than mineable in a great location with obvious low cost. We have not received any uplift on that yet. There is a possible point were investors are after the 'biggest' resource they can find to invest in rather than the one most likely to make it to production in the short term in a stable economic/political environment with expansion potential. Remember being too small and biting off more than you can chew. Galaxy seems to have performed admirably starting small. This easily has multiples....... he says hopefully! I would like to think that as the project desrisks then the chance of warrants reduces, the fact you can buy into 5% of a company at a fixed price with a near term bonanza is discount/fair offering as it is, to get more is a slap in the face of those that had to buy on the open market. I think that the news will be so compelling that investors will have to buy in, so much in the Lithium space in companies with 2/3 years to production and without licences as yet, this will become the near term venture. Summer malaise, with not much going on in the market and a form of bear market in the making, then anything with great constant news and near term value will surely stand out in that market for dry powder and keen investors. Oman might be a Xmas present at best at this rate, heck we could have had a DFS and mining decision on Portugal before then. I think Portugal will get its own funding and Oman will pay for its own drilling/expansion and help pay for the Moz studies. Archer needs to get something out to market that at least gives a rise in price in which to dilute against, but market scares/missinformation and Powell/Trump factors have killed the markets a bit recently just as we needed a bit of excitement. However, if money is flowing out of other stocks it will be available for investing in clear near term value creation ones.

In addition to Iceberg's point is if you had an economically viable mine but you need money to get it into production, the dilution is necessary to take the project forward into a money making venture, hardly to be complained about. Albeit you want as much funding from non dilutive sources. Lithium market currently one were we could well get money up front but may not have to give up a % of the project to get it as there is competition for supply. Chance of better deals. However we may well have to take another dilution to get Portugal to the finish line this year.....but there is a difference in getting funding to start an exploration versus firming up an obvious resource with near term steps to production. You are getting a 'known' return for the dilution. This however means that a: you should give minority shareholders/private a chance to get shares in a placement and b: NO WARRANTS, simply because of the derisked nature of the funding at this stage (last year it was unknown Portugal potential, its pretty clear now). Even more so if you borrow for production, but if we have a fair 'reserve' we might even get a loan against value. We might however need a small dilution to get to the point of having a 'reserve'. Problem is getting to reserve status means going through 'indicated' which means payments to Slipstream etc. Maybe they will try to keep it at inferred until the last minute before upgrading it during the DFS, so we have no outgoing commitments beyond development.

If this has not realised its potential from all 3 targets by end of 2020 then something went very wrong. Portugal it appears big enough, decision year end - Financing in this market will NOT be a problem, question of how good a deal one can get. Start small and use reserves/income to 'borrow' instead of 'dilution' to expand other targets as Lithium market requires. Oman - Fook, one hopes producing year end - Offtake should not be a problem, again low CAPEX to gain income and reserves(asset value) - income pays for development, look through old RNS' seems plenty to drill at! small but mighty %s Moz - Price rising, its a boring market but a low return longgggg term money earner to underpin the company - Financing, well Rio have deep pockets and offtaker, but also by then we would be operating 2 mining concessions with income! Borrowing easier here too at that point.

Since late last year 5.98 to 6.1p is the best its been to get it. I got 50k shares on CFD yesterday at 6.1 that did not show up on transactions, but I can take a 50% loss on that before margin! Tempting to go more but I have learnt from previous mistakes. One could argue I have too much tied up here but it seems very compelling. Annoyed I didn't have my head in the right place before the rise from 5p! That news from year end was good for a penny. See you were busy at EMH too today....EMH is undoubtedly big, but a lot of head winds to move forward. Near term SAV will be paving the way to first European Lithium I would think, small, simple and cheap to production. Expand from there. BCN another big resource but will require some time/big capital to get it off the ground. Small companies can bite off more than they can chew sometimes.