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Why is there no RNS mentioning that MW are closing their £200m structured products fund then????

We need to clear 4.05 then should be a quick trip to the last supply zone at 5.00p. The HL that gave rise to the latest high is 2.31 so the trend is intact above that level :-)

Peru. Hmmm. Chile next???

https://www.zerohedge.com/political/socialist-candidate-who-vows-nationalize-mineral-resources-pulls-ahead-perus-close

Chunky acquisitions considering no staff bonuses last year ‘because of Covid’. The £100m must be debt financing?

Who on earth do these peasant NIMBYS think they are!?!

...and Portugal is also a member of the IEA. Tick VG!

...and here's the link to the .pdf from the IEA. NOT having exposure to these commodities over the next 20 years would be a serious error!! ;-)

https://iea.blob.core.windows.net/assets/24d5dfbb-a77a-4647-abcc-667867207f74/TheRoleofCriticalMineralsinCleanEnergyTransitions.pdf

Interesting piece on the future for rare earths inc lithium and nickel! Lithium demand predicted at x50 of today by 2040.

https://www.zerohedge.com/commodities/lithium-cobalt-rare-earths-post-petroleum-resource-race

"And here’s a further complication: for a number of the most critical materials, including lithium, cobalt, and those rare-earth elements, production is highly concentrated in just a few countries, a reality that could lead to the sort of geopolitical struggles that accompanied the world’s dependence on a few major sources of oil. According to the IEA, just one country, the Democratic Republic of the Congo (DRC), currently supplies more than 80% of the world’s cobalt, and another — China — 70% of its rare-earth elements. Similarly, lithium production is largely in two countries, Argentina and Chile, which jointly account for nearly 80% of world supply, while four countries — Argentina, Chile, the DRC, and Peru — provide most of our copper. In other words, such future supplies are far more concentrated in far fewer lands than petroleum and natural gas, leading IEA analysts to worry about future struggles over the world’s access to them."

SXX used to be the darling on AIM with all those promises of Potash riches. Then the SP fell and the BoD were involved in a complete sell out of private investors' money when Anglo swooped in and 'stole' the mine for a song. I fear the same could happen here. BoD will be insulated and get new jobs in the takeover firm, just as what happened in SXX. Further dilutions to come. Big money loves to see the little fish spend all their money on the R&D plus pre-operational de-risking. DA is heading the same way IMHO!!!

So sad to see the huge loss for all the AIM investors here. I was an early holder years back, but looking at project appraisals and future capital requirements I knew there would be dilutions in the future so I sold. This smacks of huge corruption from Govt down through the FCA and lower. The BoD probably knew they could never raise the capital to get the mine operational but needed to get it approved and started so as to lure in the bigger investors. I would position that the BoD knew that AIM governance and enforcement was near zero and simply used small investors' capital to feather their nests with zero intention of giving anything back. The old adage of never trust a banker (CEO), esp those with links to junior ministers, Israhel and competing mine owning billionaires.....

Third Conditional licence awarded in Moz. ??????things finally all coming together at Sav.

Maybe it's the lockdown prior to the news storm that will hit before Dec. DA keeping tight lipped due to impending barrage of news? We can only hope right? Now that the US economy is entering Quad 2 and then Quad 3 until Apr 20, both environments are supportive for commodities. This should catch a bid along with the sector now...

Well, another Monday without a meaningful RNS. Must have Letwin on the BoD!

I think at this level it's a bargain compared to the likely assets and the fact institutions were happy to spend £1M plus on this share. DA has class act history; he must know what he's doing as will the institutional investors getting in at this level. I liquidated some $TLT gains today, to top up some more here. Patience and faith.

A much needed RNS as this share has been punished of late. Good news esp the interest increasing from 20 to 35%!

Always saiid Portugal was a unicorn

https://www.zerohedge.com/technology/demand-ev-cars-now-problem-global-lithium-bust-underway-prices-collapse

Wow. This is the news we have ALL been waiting for. Finally!!! Well done DA and team. We will start to see some interest coming back into this company now. The key to keeping the price buoyant is to keep the steady news flow coming. As we have seen a lack of news kills off interest. Should see a good ramp out of the lows now....esp when the USD starts to fall in the coming months and commodities catch a bid again!!

HIGHLIGHTS

Public Authority for Mining ('PAM') has advised Savannah that it intends to grant mining licences over the Mahab 4 and Maqail South high-grade copper deposits near the Port of Sohar in the Sultanate of Oman to Savannah's subsidiary (the 'Mining Licences')
· Advice follows the approval of a series of government authorities and a rigorous review of the applications by PAM
· Mining Licences to be granted once new licensing fees have been set under the new Mining Law and the relevant fees paid
· Oman's new Mining Law came into effect on 14 March 2019 and is designed to attract new investment and revitalise the country's mining industry

Says what many have thought all along!
https://www.zerohedge.com/news/2019-04-21/new-study-shocks-electric-cars-considerably-worse-climate-diesel-cars

I think Li has prospects for 5-10 years but after that I believe we will have lighted and better technology available. Dep on how long it takes to get the mine operational then this could limit the economically productive usefulness of the project. I'm an original African Mining investor and still see greater merit in the Rio JV and Oman. But they seem to have been side-lined by this Li distraction? What are other board members' thoughts?

I think Jaguar are trying to develop a solid state battery that charges in the same time as it takes to fill a petrol car. The tech in the battery space is moving fast. There’s been so little action here of late. Is DA still managing full time or has he taken up golf??