Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
"The billionaire owners of mega mining corporations are interested only in obtaining Portuguese national assets for cash using an irresponsible colonial strategy similar to that of Roman Imperialism and Nazi despotism."
Lol. I'm always surprised people can get paid for churning out this sort of drivel. It has a GCSE level feel to it. On the plus side, the author seems to think pressure is mounting from the EU though , so quite pleased if that is indeed the case!
Starrfox. Do you have any idea why the Barroso project requires cross border consultation with Spainish gov? From what I can tell it's not that close to the border...Just curious, as I currently have a little spare capital, and am wondering whether to accumulate now or closer to the mid-June deadline you allude to. Cheers.
https://www.marketscreener.com/quote/stock/GALP-ENERGIA-SGPS-S-A-35373/news/Galp-Energia-SGPS-S-A-and-Northvolt-select-Set-bal-to-build-advanced-lithium-conversion-unit-40040634/
Thoughts, good people?
https://www.bloomberg.com/news/articles/2022-03-30/biden-poised-to-invoke-cold-war-powers-to-boost-battery-metals
Surely the EU will be adopting a similar strategic position? Events in Ukraine must surely be focusing minds on the unreliable nature of China as a future trade partner for Li. Just musing.
Winning over some of those locals is a lost cause, I suspect. I think this focus on de-carbonisation is aimed at the wider national community and it hopefully nullfies objections around pollution during the operation of the mine. Another small step taken today - at least, I hope!
Siv. Ah yes, all (I think) in similar in-need-of-concrete-RNS-developments territory. Atlantic Lithium might be worth looking at if you want a Li play at a more developed stage (I think they have full funding secured from Piedmont?), but the mcap is larger too, so may not have the same level of potential-for-a-bargain. I wish you the best of luck on them all - and may your patience be soon rewarded!
My understanding is that without concrete RNS confirmations of things like funding, DFS, EIA these shares make no significant improvements, regardless of v. encouraging macro-economic trends. It's certainly a tough wait on this one at the moment!
May I ask what your other Li plays are, Siv?