Member Info for AIMtodeath

Its like people comparing NZ and UK Covid responses.... Comparing SOLG with SAV. They are two different beasts.

Ahhh didn't you get the chance to buy below placing yesterday? People really do not understand placings and always grumpy no matter how they are done, albeit I thought 4p was a little low but we are still not in a position of strength. SOLG are in a stronger position. Getting shares to angry PIs is time consuming and expensive. You also get more pre selling as they sell their shares to buy the discount. Swings and roundabouts. You only take the placing if you needed lots of shares, otherwise as usual you all got to buy at placing price anyway.

Its a shame. I guess they were fortunate they got to live that way for so long. But I can't help feeling its over for them. But does anyone on this board think the project will not go ahead?
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This mine WILL NOT STOP SHEEP FARMING!!! Most of the area that will be mined is rocky terrain covered in trees and brush NOT GRASS! Secondly the areas for the mine are only SMALL areas in comparison to the overall licence areas. The rest of the licence areas are still available IF there is any grass on them.
NOTHING is going to change for at least 90% of the people whom have never stepped foot on the licence areas. Those that don't go walking in those 'particular hills' (there are hills available in the other 95% of terrain around the village not covered by SAV's licence area)
https://www.savannahresources.com/cms/wp-content/uploads/2017/09/Drilling-Results-Mina-do-Barroso-20.09.17.pdf - Top of page is a picture of Grandao - This is not flat pastures of grass
Same PDF - Lower down is picture of NOA Figure 6 - I think you would lose your sheep in that
https://www.savannahresources.com/cms/wp-content/uploads/2019/06/Savannah-Exercises-Option-to-Acquire-the-Aldeia-Mining-Lease-Application.pdf - Figure 2 is picture of Block A Aldeia - Notice the thick trees , no sheep in there.

It is always possible to fail, it remains a risk. SAV has done the most comphrensive EIA in EU, they can do no more. There are no local laws like INF faced. EU need this and Portugal very much needs this mine. If there is any problems I presume they will keep hitting it back to SAV until all probs solved so it gies ahead. No mines will ever go ahead if every village turns down a local mine because they just don't like it. Mining in Portugal will be over, they cannot set a precedent of not awarding licences based on disgruntled people making up false claims of pending armageddon. To note there is a licence to mine already, that is a precedent too. Mining more rock hardly 'ground breaking change'....excuse the pun....

Look how long it took HZM to get rid of the raise hangover and enter the 8s again.

The integrity of some investors is truly bottom drawer... .Disgusting behaviour to engage in.

Don't get me wrong I expect SAV to do the right thing and to be honest I am not sure we could do anymore for this mine plan..... We have been set back over a year at least to produce this EIA at a level unheard of before. We could not have tried to appease every angle any more than is possible/mitigate.

Genuine concerns? They are mainly making up stuff and hugely exaggerating what is going to happen and using the media to spread these blown out ideas of how the entire region and all their lifes will be ruined, garnering more 'drop of a hat protesters to protest for protest sake'! Farmer's argument is he will have to move away..... Why would he even think that? What does he think the entire area will turn into the surface of Mars?? Even Euronews tries to suggest ALL the mountains will be mined. Currently 3 small areas does not make mountains.

Well some large pockets didn't mind coughing up £10m in the face of sheep farmer's fears of having his way of life changed by a mine 2 km away that he won't see.....
In other news a woman finds it alarmist that water is found at the bottom of a hole.....

I don't see how a sheep farmer has to move from the village? Mine 2km away hardly affecting the grass his sheep eat.
'I'm against the mine, I don't think it will be being anything good, I am just a sheep farmer and want to be with my sheep' ...??? And that won't change. Their fear is driven from FUD. I don't understand mining, so I'll say no to it. They make it sound like the whole area will be mined, destroying the village... Bit alarmist!
Writers talk about extraction from these mountains.... plural, like they are going to floor every mountain in the region... They make a few holes in different places.
Cattle farmers want to preserve and keep their way of life.... Again mine won't stop that, the things they complain 'might' happen have mitigating mine plans in EIA as per requirements of law etc. There are things in place to mitigate their fears and APA ensures that. She says everything around her will dissappear!? Totally incorrect and huge exaggeration....
environmental NGO doesn't know what is going to happen to the batteries... Someone point her to the Internet she has neglected to read! 2nd uses and current recycling taking place. Mire recycling in the pipeline.
mine workers brought in vans.... This is not mexican shift workers... Haha
even title of article is misleading, they have not paid a price yet and not sure what pollution they think is going to happen, great big dust clouds? Won't happen.

Other projects valued higher with poorer projects/economics yet people struggle to value this same or better.... Fooking AIM!

He was a little unnecessarily rude....sometimes pushing the humour boundaries can fail.

You could shiiit gold bars and some of the people will still have an issue, because if they have nothing to moan about they have nothing in their life.

But we're still many, many years (and likely dilution) from any revenue.

Thats is just a plain lie. EU will be buying spodumene from this mine in 2023 and every last bit of it, there won't be enough. Literally the only thing standing in our way is completion of the EIA acceptance process and if the EU/Portugal can't get it over the line their plans for a great EV battery market will crumble fast! DFS is just money and now they know exact way to take it as EIA has been accepted by APA, until then they are not sure exactly how to progress/change design of mine/location of infrastructure. MOZ might provide new funds to add to kitty as part of IPO......but you would be an idiot to not think there would be zero dilution for CAPEX, however with EU funds swilling around then it maywell be very low. But I don't mind a little if it guarantees the mine built.

Shareitup, were you the 3 x 500k and 1.5m yesterday? It looked like a leak, but is it just you being a jammy $T$%$^"^...!

Yeah no growth opportunities here. Just 40-45mt resource to drill up, new licence areas especially Regisio (close enough) if we get it, double that. Oh only converting the Scoping to $400m+ on DFS. Being in the guaranteed buyers club of the EU battery alliance to name a few things. If you dare to dream that this news will provide only a few spikes and not easily put this company 500m+ on mine build and pumping out deficit spodumene to the desperate EU market in 2023 you are dillusional.... But we know you like a good trade and at your most negative when you want to buy some shares.... At least deramp like an adult that has some valid points.

Actually it was stated that it was felt that little to no equity raise would be needed for CAPEX! You need to learn to read RNS' then you won't be so disappointed.... Even since those last words the game has changed. SAV has moved to sort out MOZ value, no recent raise had baked in money for MOZ. A path to monitise it near term has opened up. We need cash to back up a position in taking new licences now becoming available. Taking advantage of our tie up with GALP and ability to produce high quality ESG EIAs. Leveraging this to enhance future value before opportunity falls to others on the verge of exploding demand in EU for raw material. Again previous raises not accounting for this. But it is progression and future value add. We have probably been asked to increase our resource by offtakes or EU as we are an important piece in their jigsaw, again not baked in. If someone builds a big refinery they want it supplied for as long as possible. Our hand has been twisted to up the anti in ESG methods, again not baked in. If you can't understand that these developments did not exist last year and any raise did not include them and confused by the words you read and didn't understand then you will be disappointed. He did not say no more dilution... Fact. What has been raised is for new and changing progression that will all either aid progression or increase long term value. Also being well heeled helps with negotiations.... See HZM recent raise for why you need cash to play at the big table.
dilution to oblivion? When you are raising fir dusters and empty plans yes but it is clear why and what money here is for. Tell me what money you would use for an Aussie IPO to get a free carry on MOZ whilst time and remaining money spent on Portugal!? After DFS it is mine decision, it is fairly low cost capex with a load of EU money available hence quote of limited raise....that will be the last raise for CAPEX for mine build. So can't see where one gets dilutedto oblivion from here. Then lithium slump 2018/19 and Covid...lucky we even exist at all. Look at the carnage in Australia, large chunks given up to Chinese, collapsed companies and mothballed mine....suppose raising through that was DAs fault too? Being bent over a barrel with a new requirement for an EIA not required at first, SAVs fault again. Lot of money needed for that and delays. It is far from perfect or ideal but one needsto look through the anger cloud and see things for what they are.

Most share placings find the raise price before recovering. Some people don't like it and sell, the rest is downward pressure by share flippers, any share sold above placing price is profit.

Let's see what tomorrow brings....

The London Stock Exchange does not provide LSE with sell or buy signals. It say Price and Quantity that is all. What LSE does and many other online sites is looks at spread sat 4 - 4.1p if a trade falls below 4.05p it gets 'flagged' sell and if it falls above 4.05p it gets 'flagged' buy. It is that simple. So a 'trade' at 4.035p, as has just happened gets flagged sell, but I know frm dummy trades that is the offered buy price on the market.

Do not read anything into red/blue markers, they mean nothing. Equally every buy and sell is also a sell and buy.....

So there are retail buys and sells and MM sells and buys on the opposite side. There has been a fair bit sold through a single MM which was absorbed by the retail buys (that most were red because of the spread and real pricing offset) So in all mostly FLIPPED shares sold not retail sells.