Member Info for AIMtodeath

Was thinking of picking up some Pilbara Minerals Ltd on this dip due to Morgan Stanley......and fecking trading halt now due to big annoucement!!!!! I'm never in the right place at the right time! Still hope here of course.

MoneyAM and IG both were showing 6.3 at your time of posting and the time after. Not to say individual brokers might move spread on their own systems for their own gain.....

Whatever it is its in your head...... There has been no transactions and the spread is the same on my screens..... What are you looking at? Or does it only last for a short time?

Yeah, cus Morgan Stanley are the industry experts in the Lithium field.....not. There are plenty of big rises on Lithium stocks in the last year, things like this instigate profit taking. There are no profits here to take from Portugal as yet..... but it may have stifled rises. Markets have bulls and bears, Lithium market is very new and plenty of 'experts' giving their opinions, they can't all be right, but countries are banning ICEs, car companies are building EVs..... buses/lorries/bikes/storage, you name it, its going Lithium. Morgain Stanley actually downgraded the two companies most likely to benefit from the increased supply, however many say that the increase in production in Chile ain't going to happen like they think. Battery grade vs any grade.... if you have battery grade spodumene it will be desireable despite supply increases of low grade/non spodumene etc.

RNS released on day that more scaremongering appears in the news. Seen a few TSX traded lithium companies down 7-9% today thanks to poor Morgan Stanley FT article.

https://investingnews.com/daily/resource-investing/critical-metals-investing/graphite-investing/eu-battery-alliance-delivers-strategic-plan-develop-large-scale-lithium-ion-battery-industry-europe/

The 6.16p crew got a couple of nice buys before it moved away in a hurry.....

I see Slipstream Resources are involved there too! Got their fingers in lots of pies......however on 1st Dec 2017 they sold half their holding there.....perhaps getting ready for the investment required in SAV project seen as more favourable. Novo is petalite, 4% concentrate, licence issues Poisioned chalice there currently

https://www.pv-magazine.com/2018/02/23/eu-battery-alliance-wants-20-eu-giga-factories-saft-announces-partnership-with-siemens-manz-and-solvay/#.WpK12NNreZ0.twitter https://twitter.com/SavannahRes/status/967728513414516736 https://twitter.com/SavannahRes/status/967725345905565699

Big Soc.... you don't need a RNS to tell you nothing is happening or delayed in Oman...... by NOT receiving a RNS is the information that nothing has happened. I currently believe that whilst I would like to see Oman progress because its becoming a price hold back, poor reflection on company's ability to bring something to production after a long time, drilling and dilution...... that Portugal supercedes Oman in all respects. Oman might be seen to be a financial pain right now, the committed payments we must make once receiving PAM, the small amount of Offtake we might get to etc..... compared to Portugal, its the TIME FOR LITHIUM, we need to throw the kitchen sink at progressing it, the MONEY IS IN THE MARKET for Lithium NOW! We get tonnage up, its all systems go.... with very LARGE companies with LARGE cheque books that might just tie us up and fund the whole of Portugal and hopefully negate dilution. When Oman gets out of bed it can be dealt with at whatever speed and will be a sideshow to Portugal, BUT if we can prove up to 10mt in short order, it will add better value and be an important addition to the price and broadens our market offering. Oman can then pay for Moz studies etc, that are However short term the only element to actually bring in money will be Oman, so despite funding for Portugal very likely, end of 2018 and 2019 the company will need operating capital and pay for Moz, roughly $7.5m over the next 2 years. Portugal would only generate income end of 2019/Q1 2020.

Scoping study - Pre-production capital expenditure of US$152 million plus US$74 million of contingency, EPCM (Engineering, Procurement, Construction Management) and spares, with identified opportunities that may reduce capital expenditure (based on conceptual estimate +/-35%); I can't see the specific thing on funding Capex, but as Rio are paying half that already, then as customary with offtake arrangements you can get CAPEX paid upfront, I doubt Rio would struggle to lend us $110M for what will be an important venture for them too.

They are going fast....haha. A lot of other players in the market have been proving up for longer and some with large JORCs alrerady, but they still have to go through EIAs and Licence applications, some in dodgy places, whereas we are simply waiting to see if we have enough to have an economic mine, all the other hurdles (and timescales) overcome already. It will be like flicking a switch, when there is enough resource it will be full steam ahead, not sit and wait for paperwork to go around in circles. And SAV is making waves in the market publicly now, you don't make a wave unless you have something to make it with. ;) The only delay in major rise will be getting the extension to 7Mt, but I doubt the Portugese Gov will be against MORE, it would be like shooting themselves in the foot. The need the industry, money and jobs.

No doubt a Portugese Company will be set up to run that area and as such will be a EURO company. But if we are 'exporting' then it won't matter, then maybe better to be a UK company...haha. Think the recent Tweets and involvement in the market (making waves) is two fold, the new development manager starting to earn his money and SAV now believe they have something/enough to shout about..... enter stage right - Grandao JORC

Its about global push to secure metals in the EV chain, not about cobalt.

https://twitter.com/SavannahRes/status/966700260616630272

A little behind the drag curve and about cobalt...... but is it cryptic? They know first hand?

It surely would be useful to have pinned down the Grandao JORC for Annual Results, given its importance in being read by the market? Hmmmm the amount of funds left will be telling.... Cash position no doubt dwindling fast, need good price enhancing news soon.

Well we are always awaiting something...anything... from OMAN! Potentially with the cores out of the last 15 holes, if they all showed good signs of Lithium, they will want them factored into the JORC for more effect perhaps. I suspect no later than mid March, Q1 qas considered 'conservative' and he said they were working hard at getting the JORC out, so as each drill result comes in it must be scribbled onto the JORC (hopefully burgeoning!)

Good spot. Steinbild is certainly a man that doors open for, on top of tight LTH shareholder base, having a mn with his credentials happy to push your product must show his confidence too. Can't imagine EMH CEO has a lot to say about a project that is rather 'stalled'

Zzzzzzz......oh you could send this over to Archer....he has 3 of these to complete!