George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Not that I know of, but I am a little worried that the SP will perhaps stagnate now for the next 6-9 months. As I understand it, the final EIA licenses don't arrive until 2024, and I wonder whether SAV will only sign deals for investment once that has been completed? Just a concern - please don't think I'm trying to talk the share down - I'm currently heavily invested, and very positive on the future of the resource. Thoughts from more knowledgeable posters would be welcome!
My guess is 'lithium' is an abbreviated reference to the refined lithium hydroxide which is Aurora's business. Of course, that still depends on sourcing spodumene - which is where we (surely!?) subsequently figure into the equation.
A great relief to finally have this approval - about time! Nice to see an increase in SP, but it's still far from any selling target price of mine. We're still highly undervalued - in my opinion. Might I also add that this messageboard has been so much more informative and interesting than some of the others on this site - long may the intelligent discussion and analysis continue. Starrfox and Inbrackets, in particular, have been outsatnding with their analysis and posts. Cheers to you both.
Ali, legal requirement is a decision before 31st of May. So this really is the final strait. Could a decision come earlier? No idea. These portuguese authorities have hardly excelled in moving quickly though, so my money is certainly on the second half of the month.
Inbrackets, I'm actually quite re-assured by what looks like a gov veto on any final APA decision, but surely it won't come to that? I think it would just throw fuel on the fire for the anti-mining agenda. How do you see things?
https://twitter.com/blueorcainvest/status/1633471448298799106
Allegations of corruption on mining licences, I think - from a short seller (although their short position is on Piedmont Lithium - who, I think, have a JV with ALL). I tried to buy in just before suspension at 20, since I think the report looks pretty thin on content, but alas trading had already been suspended
This lithium investing game is not for the faint-hearted eh?! As we all already know, I'm sure lol.
It's the wider (albeit slow-moving) lithium tender (6 sites?) that gives me confidence for SAV. Deny SAV their EIA approval and you - in my opinion - kill off the lithium tender, since who is going to invest in a country that has demonstrated itself hostile to permitting? I, personally, do not believe the Portuguese gov will let that happen - there is too juch at stake.
I firmly believe we have general backing from Portuguese gov and the EC. The unknown variable is the APA, but I trust SAV are doing all they can to meet any environmental concerns. Personally, I think the sticking point that led to Article 16 was water supply - but I could be totally wrong on that. Fingers crossed as we head toward the endgame.
https://www.theportugalnews.com/news/2023-02-02/portugal-lithium-mine-given-green-light/74428
I shall reprt every moron who seeks to clog up this board with spam, lies, hysteria and stupidity. Unlike other boards, this one has some excellent (for and against) discussion and anlysis, and I'd like to keep it that way thank-you very much.
Indeed. Well put shareitup. Hanging tough here. Fingers crossed for expected developments in Q1 2023. Wishing a peaceful new year to all - especially those who have shared their excellent research on this board over the past year.