Member Info for AIMtodeath

It increases interest with very high chance of success of ML if Gov already confirmed areas it believes are suitable (no major issues standing in way of mining an area)

What rock did you crawl out from? - spending for some time....... They are building a foooking mine!..... Dilution?.... Money to build a mine grows on trees, perhaps we should tell them about it.....

The RNS is a public declaration of intent..... shows Portugal, shows EU, shows locals.... SAV is doing everything to ensure it is the best ESG it can be. Portuguese bit is probably a nod to Portuguese involvement and someone that can communicate clearly at 'local meetings' etc. I would imagine this guy will be at the Public Consultations.

Take your money and run I say, was a real chance of Nationalisation but with the Chinese holding 100% you'd be a ballsy Mexican Gov if you nationalised a Chinese company!

That comment says more about you.....

Money looing a new London home have little choice, SAV shouyld get some winners moving to the next Lithium play.

Someone sterpped up to the plate at 3.7p and cleared out whomever MM was selling. I have arrived too late to see who it was pushing down the price, but they have eased off now.
Prime for a bounce here.

Point me to the numerous international consultancies that provide this service. Id be keen to see the list.
mr flibbles - 1.DD with Galp complete and moving to next phase of binding contract for offtake.
2.detailsof engineering progress on processing ore and savings made via improved design 3.MOZ IPO 4.EIA passedby APA, Gov seem to think it is in a good place they can't stop singing about it 5.new licence areas in auction.....All before DFS.
Not sure about more offtake yet, no need to rush that we have money to get to EIA and DFS complete then in a stronger position, fundamentally and SP wise.

Sav in good company and in a select few regards miners.

The EIA is the single most SP influence this year. The project is derisked in terms of resource, half the production is already tied up and the EU is a hungry market for the rest (coffers will be in a good place now for further discussions on the rest of offtake. Galp got an easy ride, the next in line won't) and the DFS will blow the Scoping Study wide open, I expect double the NPV.
Money will also ensure MOZ is finally given a valuation this year of note and if IPO's makes SAV a pure play again and open to investment by EV pure play investors unsure about other directions.
Portugal needs to replace workforces away from farming and into 21st Century industries and the vast sums of money they can bring. It starts with being a vital supplier of raw material and a headstart on the rest of the EU.

Stop theorising, SAV can produce spodumene concentrate in lowest quartile against peers anywhere in the world.... FACT. I doubt we will be seeking any ground other than spodumene rich and not petalite. Reigoso (something like that) will be desireable.
AIM non producing miners are all high risk, this is no more high risk than any other. 'Very' comes from many other sources, war torn DRC I would suggest is 'very'...... The EIA has a 'risk' in political/local opposition (Every mine has some opposition), beyond that this is VERY DERISKED. You buy in before EIA approved for big gains, you buy in after for minimal risk and less gains. That's investing.
However mitigating factors for the EIA, 1. No laws forbidding mining locally 2. Mining licence precedent in place 3. High ESG and modern mining techniques put in place 4. Mitigating annoyance factors to community by putting measures in place 5. Top Government support made publically 6. Passed APA requirements 7. Government needs it to kickstart its EV/battery credentials and generate money inflow from EU/take lead in material supply and processing 8. EU definitely needs it, running out of options for local supply fast.....
VS locals that just don't want a mine and will say and do anything to stop it (mainl;y based on FUD), environmental groups that all use cars/phones/laptops but don't want you to mine for the things that they use everyday.

It will need to be above board and of modern ESG and respectful of the locals and flora /fauna in accordance with the standards set out by the governing body in regards to mining despite how supportive the government is and wants it....
Let me check.... Yes.. APA has accepted the submission thats handy!

One only has to look at the Scoping study to see how cheap it is to produce no matter what it might be (though it is spodumene, Lucos was petalite) given it's C1 cash cost is lowest quartile. Facts are already there. Stick to facts.

It is called a Bed and ISA and they are always flagged as 2 sells, first one slightly liwer than the second as the second one is the buy back in the ISA. The time stamp between them is often in seconds not minutes.
however in this case due to it being 40k it can't be a bed and isa but either a transfer or rollover as suggested above.

FALSE - Good luck! I've sold today with a decent profit but applaud your, and many others, patience. You've been in this from the start and I sincerely hope you jam boys make it big time - you deserve it.

BORN LIAR....

SAV is being watched by EU...... This is a pilot project in first class ESG mining, an example for others, lets hope it is a good example to follow.
That's one less refinery in Portugal. All eyes on SAV and GALP (poster child for Portugal)....strong position for extra tenements due to our 'professionalism'

Hindsight is a wonderful thing..... But was it SAV's fault OMAN turned into a nightmare? Seriously you could argue they chose to go there in the first place but given Omaniis took on nearly 30% of the company and were in high places in Oman they couldn't even make it happen......no one could. Look at all other companies in Oman they have achieved nothing either.
Was it SAV's fault the arrse dropped out of the EV market when China cut subsidies and EU had not got it together yet? Heck ask Altura, ask Sayona, ask another 3 or so Aussie miners that have been diluted to hell to the Chinese or closed completely. Altura was a $1b once! Yet SAV is still here and now on a far better course than before supplying to the EU market that will be woefully under supplied with raw material, I'd rather a few raises than a bankrupt company in Aus.
Was it SAV's fault that the EU pressured Portugal into higher ESG requirements in the supply chain and forced the EIA on us....time and money.... Elections and appeasing the public another factor too.
DA won't deliver? He doesn't have to, SAV has employed possibly one of the most prominent figure in HMS sands to sort MOZ, if that dude can't in this market no one could.
Again your aurguments/points are weak and hollow and just a deramping bashing for the sake of it. You don't have any shares but you seem very concerned.

You all wanted to sail into the year end on fumes and go to project funding for Capex.....However there are a few trhings that this raise does for SAV that they would not otherwise have been able to do without it.
1. First offtake we needed badly, GALP comes to rescue with money for DFS, but what about the next offtake, we are no longer holding a begging bowl and capitalised, the second offtake will not get the sam deal as GALP. - See HZM fundraise, no onle liked it but they needed to be capitalised to have strength in offtake negotiations
1.a. GALP DD would need to see good capitalisation
2. We would have no chance in securing new ground in the licence auctions if we were not well capitalised, it is part of the requirement to be well funded, you can't rck up with a quid secure ground then sit on it for years working out how to move on it.
3. Drilling more territory - We can't sit back on a one hit wonder, due to the lack of competition in EU and the shortage end of the decade, SAV needs to be putting extensions to the mine life/new mine in order soon so 2025-2030 we take up more of the supply in EU rather than watch others come in and offer up new supply if SAV waits until 2023 when producing before branching out. GALP will want supply for 30 years, 15 years is just the beginning, SAV wants to be able to extend that contract but needs new resource to do so. Plans need to start now.
4. IPO on ASX costs money, if we do not advance Moz then it will sit gathering more dust and whilst market in HMS is hot right now best time to get value from it.....SAV also better to hive it off for EU financing come capex, they will want a pure play. Even if we get PFS over the line that is 20% to 35% overnight in stake of MOZ, worht more than the few million to get it there.

So you can whinge how it was done and price it was done, but you can't be too dismissive of WHY it was done when there are clear reasons with value add to their completion.

Well you clearly do not understand the difference in the Covid issues both countries faced by making that comment.

If one bothered to look around the internet one would find A: Kenmare Resources IN MOZ is at year SP highs, in fact at highs. B: HMS is in a bull phase with prices as good as they have been in years and still rising. C: Unlike Oman Moz has licences D: Unlike Oman has a world class resource.......
If you are going to try to deramp at least have some merit behind the drivel you are spouting......