Member Info for Inbrackets

The mighty Ali,

I can understand the concept of a Bed and ISA, thank you. I certainly don’t mean to support anything and have no knowledge of what arrangement you felt you had 5 years ago. Your original point seemed to be two fold. That you may suffer a spread, effectively both on the sale and then repurchase. Also that you would be out of the market whilst funds came in from the sale and then credited to your bank account and whilst they are then transferred back to be credited to the new ISA account and available to trade. Can’t disagree. Arcane and sludgy and more than irritating.

That said, the link below, posted just a couple of months ago lays out and confirms what I had understood to be the case. If you can find something that contradicts this, bring it to the table, I for one would be interested.. If you can’t, please tilt at other windmills rather than someone who was trying to answer your call for help.

Regards ‘Is there anything I didn't ask that I should have?’ Yes.

Do I need to worry or think about it until anything happens?

They have had approaches in one form or another from around 50 interested parties across the spectrum and no doubt this would include those for an offtake agreement possibly through to an outright buy, with all manner of options in between. That would take some sifting through to begin with, even before honing down to preferred options, so it is still early days to my mind to marry the first frog. Give them some time, get things underway, get the resource upgraded. Continue the titillation.

Logically speaking, the company would vet any offers without having to discuss these openly. If I spoke to the BOD and offered £1000, you would hardly expect them to agree or waste time in them putting it to shareholders. If rejected, I would still be able to go public and appeal to the shareholders with my offer.

If the BOD thought any bid was acceptable then they would need to put it to the shareholders as a recommended bid. This would then be public knowledge and might lead to others putting in their bids which could lead to a contest / higher price.

I wouldn’t blame your provider too much. As I understand it, HMRC does not allow in specie transfers into an isa as contributions must be made in cash. Once within the ISA wrapper they should be able to be transferred between different providers should you decide to move the ‘host’.

Happy to be educated should this not be right.

….for a Sunday ramp when there is a Bank Holiday Monday tomorrow, but truth is truth whatever the day of the week

https://x.com/lossadjusted/status/1695755918686752853?s=61&t=AJxxcVs_tbxqv1S84UYMow

If a bid is made at that level, expect it to get extremely short shrift.

As you say, currently low key and just across local/ syndicated or copied journals. No comment from SAV to date, rightly or wrongly. If they have to, they will so I presume there is no current oblgation.

Not looking to discount the possibility of the Aethel interest but you can understand why it’s an Eminem One Shot. What other opportunities exist in Portugal or even Europe, that are at relatively late stage, 100% owned, for them to acquire. If they miss this, that’s basically it. Back to the drawing board. They may just have the vision to look through the current wave (although use it to negotiate). Private company, no public shareholders to question their decisions before or after, almost SPAC like and would seem to be well connected behind it.

It might keep it all within the wider (narrow?) Portuguese family but much like the opportunistic hat in that Chelsea bid, they may have to compete with other groupings that are also interested in SAV’s undoubted advantages.

https://twitter.com/messages/media/1694690477591671132

Football is not my game of choice so the finances of Chelsea are not high on the agenda but it was an enforced disposal and attracted a number of consortia looking to put their hats in the ring. The fact that the end price was higher could be viewed as a positive. Likewise the never ending closing date for bids for Manchester (I think).

Stalking horses to flush out interest?

Pacers to get things up to speed at outset?

The main thing is that someone has broken cover ( or had it broken for them).

That was a snapshot of the first few paras rather than the whole article.

Nothing has happened yet to be disappointed with.

Lest we forget…..DF was looking at 20p just a few weeks ago during his presentation. They are a private company (with interesting backing) so may have surprisingly deep pockets to get a deal done before it goes to a wider market.

Not me. Trisse.

Https://x.com/trisseswe/status/1694626665656131744?s=61&t=AJxxcVs_tbxqv1S84UYMow

Might put a marker down if nothing else.

Yes, we already have the DIA confirming the concept (was the key decision until it was granted) but we still need to go through the process of putting together and completing the finer detail to get the final EIA. Unavoidable time rather than delay and a necessary stage along the way. With plenty of concurrent and parallel strands, there should be plenty of opportunities to add positive, incremental notes in the meantime.

I appreciate that it is an impossible question to answer, but I wonder what price those IIs might have had to pay had they had to buy on the open market. Yes the market is down (in almost everything) but hey must have been happy at the time with the fundamental story and will understand that the tide can go out at times.

Confirmations of downstream processing (even manufacture) and a more certain market for the output will be positive, and that is not in our hands so we should just head down and plod on with what we are doing, securing the EIA and readying for future production.

Bring on the drill results and resource increase first. IMO.

Https://www.kallanish.com/en/news/power-materials/market-reports/article-details/northvolt-raises-dollar12-billion-to-back-north-american-european-expansion-0823/

At least NV is all cashed up and ready.

You may have to

https://youtu.be/lftQfo8Ej2E

Is the name of the band in any way set to be prophetic?

Https://www.wsj.com/articles/europe-is-embarking-on-a-mining-renaissance-winning-over-locals-is-proving-a-challenge-b7d14f5f

Fair article from the WSJ. See that another protest is planned later this month and no doubt the scale will be monitored (and provenance).

Reports of a hydrogen explosion just today. Dynamite. TNT. HE. Atomic. Nuclear. Hydrogen but as yet I have never heard of a Lithium bomb

I might be wrong but I can’t see much happening at this time, mid August and holiday season. Yes it may feel autumnal and seem later in the year but we are in the mid summer wilt.

Nothing burns in the bottom oven and hopefully things will crank up when the flip flops are packed away in September.