Member Info for Inbrackets

Doubt that they target a lower sp.

Thought we might have had an inaugural broker note from Cannacord Genuity by now despite the other distractions

After hours reveal of trades early morning. Perhaps hoping that they glide silently by whilst most would not notice and it would pass into history like some nuclear Pooh stick.

Someone is prepared to invest at scale, committing substantial funds for this

Is this the top level finance group referred to?

https://www.eib.org/en/press/all/2025-156-eib-steps-up-financing-for-european-security-and-defence-and-critical-raw-materials

If so, any concerns on this front could be considered irrational.

And this link to an article I can’t see but it has come from our resident Spy in the Sky, lucker.

Ten gallon hat tip.

https://www.miningmagazine.com/europe/news-analysis/4411558/savannah-resources-eu-starting-deliver

Https://www.jornaldenegocios.pt/empresas/energia/detalhe/litio-portugues-com-selo-estrategico-da-ue-ve-reforcado-acesso-a-capital

No time like the present

Do we have to be taken over to de-list from AIM and re-list elsewhere?

The current level of 27m is already expected to prove up towards the 50m mark and earlier in the year the expectation seemed to be closer towards 100m.

A x2 or x4 increase is one thing but bear in mind the auction potential. SAV has to be well placed to gain here once these auctions actually take place but we can park that for the time being and just enjoy the steady accretion as the milestones are crossed and the project further derisks.

Yes. It’s the Portuguese arm

No5 on list?

Just as well it does t begin with an xyz

Https://single-market-economy.ec.europa.eu/sectors/raw-materials/areas-specific-interest/critical-raw-materials/strategic-projects-under-crma/selected-projects_en

Https://eco.sapo.pt/entrevista/bondalti-escolhe-portugal-para-refinaria-de-litio/

Eco have had a quality ear to the ground on many matters and this would point towards a processing operation between the BLP and Sines.

It would seem that intentions have now been laid out along the whole supply chain now with only one, rather fundamental missing link. Hopefully this will be jollied along on Tuesday

Apparently EC announcement is to be on the 25th.

Who’d of thunk it.

All that talk a few years back of VW and where they would place their ev production. Little ole Portugal gets its day in the sun. Starter for 10 with raw materials, processing, battery manufacturing and car making. Great news for Portugal

Https://x.com/hildebentele/status/1895141848680718516?s=61&t=AJxxcVs_tbxqv1S84UYMow

Two things: firstly, Strategic Projects expected around 20th March; secondly, discussion about what had previously been a raw material supply chain including Ukraine. Whatever happens there, the focus for supply security (hopefully without other issues) has to point elsewhere.

Can’t get further west than Portugal.

Https://www.portugalresident.com/no-reason-for-alarm-over-countrys-financial-economic-situation-pm/

Outgoing PM May well end up being the incoming PM as the political classes give an unwanted opportunity to the voting population to rearrange the deck chairs. The PM looks to confirm that it is not the Titanic and that things can function despite the upcoming poll.

Personally I would hope that the EC continues with any designation of MdB as a Strategic Project, assuming that that is on the cards. After all, the project is what it is, whichever political parties cobble together as a coalition.

So says Brenda from Braga.

Much the same as last year, the problems and solutions remain much the same whichever group of politicians emerge as temporary victors and much of the progress on all fronts was initiated under the previous regime, commanding cross party support.

Heads down, carry on regardless.

At the back end of last week, EMH issued an RNS to say it had been declared a Strategic Deposit by the Czech authorities, perhaps in advance of hoped for further support when the EC detail any CRMA strategic projects. In the background info it states “ Cinovec hosts a globally significant hard rock lithium deposit with a total Measured Mineral Resource of 53.3Mt at 0.48% Li2O, Indicated Mineral Resource of 360.2Mt at 0.44% Li2O and an Inferred Mineral Resource of 294.7Mt at 0.39% Li2O ”

Since then they have enjoyed a bump of 50-60%.

If it is borne in mind that as the major shareholder, the Czech authorities could be charged with marking their own homework and the grades for underground mining might make it on the high side of the cost curve, it might make SAV an attractive option.

Any assessment of its Strategic importance would be independent be it by the EC or Portuguese Government. The grades are better. The cost curves are explained and transparent. The share structure is not one sided.

If true to their bureaucratic process, the CRMA outline is due shortly. It would good if, and understandable why, the SAV sp were to follow a similar trajectory, ready for the next stages; resource upgrade, second offtake, DFS etc etc due later in the year.

Are they not taking over the site that was to be developed by Aurora, the NV / Galp JV? A designated industrial area, attracting subsidies.

Was there not talk of a railway being developed, subsequently going toward# the car manufacturing in Spain from Sines.?

Isn’t there a major step between the mining of hardrock spodumene and Li Hydroxide or Carbonate, namely the processing and refining ? A few kilometres in country is small beer in comparison to Oz, to China/Korea/Japan to Europe.

The NAO campaign to everything would be having a major epileptic fit if someone came up with the bright idea of a refinery and gigafactory in Boticas. That said Barroso Batteries has a certain ring to it.

Strategic Project status in itself may not be enough to bump SAV out of its current orbit but will continue to solidify the foundations when taken in the round amongst all the other steps towards successful development of the project