Member Info for AIMtodeath

They should have sorted this year's ago, instead of waiting to this point over something they always knew to be a problem.
It is not a mining region.
SAV has a mining licence already and area is a mining region. Totally different position.
it goes without saying the EIA will be an example of modern mining and ESG.

Glengarth, just to add to your point re: SAV...... Galp are investing as part of a 50% offtake of production so will be well tied to SAV. In fact they may become partners on new licence areas coming up soon. Galp are actively discussing with Northvolt for supply of Hydroxide....whom are supplying VW. The EU is going to be an incestuous place and Old Boys Club. Guaranteed buyers esssentially paying top dollar for high ESG supply. As Wasa points out you need to look at jurisdications and benefits of close or internal markets benefiting those inside them.
Also SAV DFS will not be an update of the Scoping Study but something x2 NPV due to many factors since SS.

As China makes over 80% anode material then it is very likely to be Chinese buyers.... I do believe a few are already mentioned in the MOUs

Yeah becalmed for any arrivals in last few months only seeing a 160% rise in SP...... EV and lithium dip affected every Li company, the story is somewhat different this time. Demand for EVs is on another level now with EU on the charge. Biden is goign to throw petrol on the fire with the US credits coming.
An IPO for MOZ and public consultation on EIA could see 9p. It won't get there with general market buying.

Seller still providing liquidity for any new ACP investors......

It depends on the relative value BEFORE the ML! If they were relatively to NPV valued twice what ACP is then of course they would not have the same uplift.

Any other isues surrounding the ML woul dhave been addressed by Gov since last summer, that is why the EISA was considered last hurdle because there were no others. They don't just now start looking at the ML application, they will now be in line admin wise to ratify t he EISA addition to the ML. And as CN says, they only shoot themselves in the foot delying the a ML that will soon be a tax payer. Go forth and make money!

And still they wish to leave....they have only had their ISAs a few hours....haha

2nd Confirmation of Spodumene prices going nuts, up to $700 for the best material - https://www.metalbulletin.com/Article/3982657/Search-results/GLOBAL-LITHIUM-WRAP-Global-markets-generally-firmer.html

“Global ilmenite supply constraints remained in place owing to depleting ore bodies in Africa and mine closures in Australia, as well as continued government restrictions in Vietnam and India”
Kenmare claims there is little new ilmenite supply forecast to enter the market in the near term

Demand for ilmenite as a feedstock for Chinese pigment producers exceeded supply through the quarter resulting in further price gains for ilmenite. Ongoing strong demand and constrained supply will maintain a tight ilmenite market through the March quarter and is likely to result in further price increases.

Matt Bull will probably cash them in as part of the finance package to reduce dilution (warrants already exist).

Size is not everything..... C1 cash costs are very important. AVZ for example is huge but in the the middle of Africa in the Congo and $395 in transportation costs to the coast alone. Heck SAV is $210 total C1 first 4 years soon to be lower because not shipping to China anymore. That is a measure on how much profit you turn and whether you can weather low pricing environments. Political stability and location ....SAV in EU with all the EU battery allicances and money....all guaranteed to buy your raw material, an advantage over any African play.
IRR has close to the coast going for it and decent grades (but decent grades at depth can be offset by lower grades at surface so not always better). Problem it faces is too many things to develop, it has TOO MUCH.... ironic as it is. This very thing gave SAV headaches, with Copper (now gone), Mineral Sands(delayed as funds needed to take Lithium forward first - but soon to be hived off) and then the Lithium. Investors in certain sectors like pure plays. IRR must be looking to sell properties off after enough drilling is done or focus on just getting one to production. Even having great properties buyer would have the risk and time to get them permitted and licenced etc. Near term I don't see them getting SP rises for 'production' but as supply gets tight in future, bigger companies will want to snap up decent sized high grade deposits. IRR is a deposit finder, a queue will form at some point for the resources. When SAV gets over the hurdle of the EIA and knocks out the much improved DFS over SS, EU money will flow and it is nailed on mining in 2023 in the nice cosy arms of th eEU Battery Alliance chain.

The Vermehlo PFS highlights the 'premium' for battery Grade (Class 1). Sometimes it is narrow, sometimes it is greater. PFS suggested a 2k difference. Nickel is priced in 100% terms and your product output can be expressed in 100% terms to get picture of income vs the Nickel price on LME, however Araguaia is selling a FerroNickel product with circ 28% nickel content. That will be a different price than LME that you see. So that goes onto there are LOTS of Nickel prices depending on the quality of the product and the Nickel content of it. So Ferro is more expensive than NPI. But even Ferro terms there are different grades of quality and Nickel content.
2. Tsingshan product will command a premium over the NPI they produce but may not get the highest Class 1 pricing because well it isn't a class 1 quality source, so Tier 1 battery producers may not use it and Tier 1 battery suppliers supplying Western OEMs will not use it for ESG reasons alone. The Indonesians and the Chinese will probably use it regardless. It is not cheap to make though never mind the awful carbon loading required. So it will be in the Sulphate pricing bracket but not a premium product within that bracket.

Same for the likes of Lithium, not all lithium is equal, even batches oof Spodumene Concentrate. 5.5% through to 6.3% can be converted to Hydroxide but you'll get more for 6.3%, then how pure is it, needs to have minimium impurities and especially low in Iron. So, even 2 x 6.2% can have a different price, or premium paid by a Tier 1 for the more pure material.

Thanking bed wetters.... For their shares.

Still the smell of sell in the air as BID gets up to 5p. Next Tuesday should see new money buy up the lower 5s. Today is the last day to finalise your losses or gains for this tax year.

Our offtakes are possibly taking equity too, cornerstone equity has to match etc. If you announce good offtakes then the price can go up and your cornerstone is getting shafted etc. Or then PIs moan when it hits 10p and cornerstone is at 7.5p the price agreed before offtake completed etc.
It is one big juggling act. 5 major banks, Brazilian Banks, Credit Agencies for mine bits, offtakers and cornerstone balance...

One day in shares is too much for some....

Which is why all those idiots on twitter hanging off JM's words of tying up the offtake by month end have proven to be a 'dissappointment'. People definitely traded this possibility.

It is not POST covid, France has gone back into full lockdown (major banks on the Funding are in France) and Brazil is FAR from past Covid.
DJ was long gone and always sold when he was still posting, then tries to justify it later. Often commenting at the time about a seller which was him. A trading guru in his own lifetime.
Wasa - more about timing opportunties, make some dosh elsewhere when things are slow somewhere else, at 24m shares you can afford those decisions. It does not make HZM a bad project just one with a changed timeline and not pooping gold bars on demand as once thought, but still plenty in the tank there.
We were told the aim was to raise money above £100m Mcap. At 5p we all wondered how they would ever do that. People's expectations change and expectation is the mother of all F ups.....The share 'spikes' twice to new highs and people get ****ssy when there is a raise at a prce when they were 5p seemed unlikely...... We thought the market could do better, but hey thats the market, get over it. I am not sure companies intentionally give away shares cheap knowing they could get more.
People dissappoint themselves by setting their own expectations and when they don't happen they blame everyone else.

Buying and selling around the 5p mark.