Member Info for Inbrackets

https://twitter.com/kanthan2030/status/1649359873761763330?s=61&t=AJxxcVs_tbxqv1S84UYMow

If this is just left to hang there for a moment….

Is Daisy the cow’s well being going to replace what has been, is being and will be lost across Portugal and wider Europe?

https://twitter.com/savannahres/status/1649417470531321857?s=61&t=AJxxcVs_tbxqv1S84UYMow

SAV continue to state their case and put things into perspective. That being said, not many motorways in Covas and might have been better off comparing it to a washing machine (as detailed in the piece) rather than a road near Lisbon. But what do I know?

Nice to see a board purchase at this point, before a binary outcome

No matter the size of the prize, and sizeable it certainly is, and no matter the quality of the submission, and quality it certainly is, the fact that it remains a binary outcome is too much for many investors.

In 5 or so weeks (possibly 3) the many could be thankful for their foresight and caution, or scrambling to buy.

Seem to remember trawling through the replies last time. Even then there was multiple duplication and cut and paste of a standard letter. It may show the computing skills of the antis but one might hope that APA will easily spot copied submissions from the network of ‘concerned’ people from across Europe (rather than local) whether there are 160 or 650.

It’s not so much the number of responses but the quality of the arguments. Don Quixote tilted at the imaginary and pointing at imaginary wolves might not bolster the value of the contribution. I suspect that APA will deal in facts when coming to their decision.

It would be interesting to see what sort of feedback was received during the extended public consultation period. One would hope that the revisions made to the project plans prior to the resubmission will have helped raise the level of understanding and improve the feedback.

The historical mismanagement of mining projects has left a legacy of mistrust but this whole process will hopefully help refashion and restore some level of faith in the mining industry and the partnership that is needed to make use of natural resources for the benefit of a wider community. As the first major licence for many a decade, the spotlight is certainly on SAV and indeed will continue to be shone on its delivery. At the forefront of a nascent industry in Portugal and with the potential to expand operations across Portugal and Spain, getting this first project right for all concerned is fundamental as it will be used as an exemplar- for either side of future projects. SAV has no benefit in shooting itself in the foot at outset and hopefully the feedback and ultimately APAs decision will reflect an understanding of this.

CM, my dysfunctional brain sees it as basically the same thing with ought needing to see the actual numbers as it simply shows me the relative / moving positions.

I appreciate that SAVs value has marched ahead recently but other than the massive premature spike to 16p when I was in nappies, any momentum behind SAV from investors has been visible by its absence. Meanwhile EMH rocketed up 2-3 years ago with speculative links to Tesla and close proximity to VW and other European OEMs, which may still be right.

SAVs shot up and then dropped and effectively has stayed down. EMH shot up and has drifted back down slowly. Unlike last time when it was based on hot air and fantasy, having done the hard work towards permitting , by end May, possibly sooner, they will be given a decision.

There have been various numbers given out over the years, never matched by the actual price traded on the market, but with a positive decision, a revised set of numbers in the Scoping Study and the likelihood of offtake agreements etc, coupled with a massive reduction in the risk discount, should propel the current running sp level. Then again there is always a divergence between should and will.

Couple of weeks ago I wrote ‘ I have kept a relative eye on EMH. Not that long ago SAV x15 would buy an EMH share. Now it’s about SAV x11.’

Not sure what happened today but I note it’s now x9. It may not last and will definitely change but whilst EMH certainly garnered a worldwide following on expectations, the darker horse of SAV may pip the post.

Production is still 2-3 years off and they are yet to update Scoping Study, DFS and FID. It doesn’t take very long to put a road in (not that long, probably not tarmac’s) to link into the existing national network, so I really doubt that it will delay, as long as they by-pass the crested wolverine crocus.

https://twitter.com/savannahres/status/1647952837555499016?s=61&t=AJxxcVs_tbxqv1S84UYMow

Not sure whether people saw this, posted by SAV regarding the plans they have to minimise the impact of the project on the local community.

Driving a new road through is obviously a cost but is this funded by the Gov/Eu etc with their green funding packages to enable recovery etc - I suspect that will be the case. Will be checking this out over the coming weeks.

https://www.ft.com/video/6ee26a7c-0a11-456b-b9b9-ff4515ad4711

MdB gets a mention.

https://twitter.com/savannahres/status/1646796481557327875?s=61&t=AJxxcVs_tbxqv1S84UYMow

PM Costa promoting Portugal in Korea. I remember being taken to a sweet shop as a kid and then not buying anything. Little point in displaying what is available only to then fail to deliver.

As you say CM, not a peep. Is that because it’s the PM and could be seen as being negative when Costa is trying to promote the country? Will they revert to being a pressure group megaphone down the line.

Not seen a reasonably chunky buy for quite some time. Not sure such liquidity will be available.
Another week passes by with 7 (possibly 5) to go.

I know that relying on any Gov sponsored timeline is foolhardy but I have had a nagging thought that the Government were set to outline their plans. I thought this was due around the time the CRMA was to be launched. I really should jot these things down.

OTH, long time no speak. Most / all production goes into ceramics, not sure that any is battery grade and anyway there is no scaled up refining business currently.

Apart from the current small scale mining licence that Savannah has, there may be other small scale production but largest lithium mine in Europe is operated by Grupo Mota, Felmica, in the Guarda region, which is estimated to have reserves for 30 years of production. It has 5 more deposits in its possession. One might have thought they might be interested in ramping up their position.

Whilst not producing and without a licence we have Lusorecursos up the road from us and however many sites that may or may not be auctioned off (once SAV’ s position is clarified).

Portugal May covet it’s position in the world producers table, but in reality when set against overall needs, current production is minimal and barely artisanal and as detailed in the CRMA, total European production will only be a relatively small % of total need.

Hope you feel generous in your marking. EnjoyCornwall.

https://www.koreatimes.co.kr/www/nation/2023/04/113_348832.html

I was blobbed from the link below but picked this link direct. Not sure if it’s the same one but an interesting piece,

Some sort of response to the new Parish Council move.

I understand the first EVs have now been manufactured in Portugal by Stellantis, with production to be ramped up for 2025. Interesting.

Wonder where the battery packs came from?
Wonder where the cathode / anode were manufactured?
Wonder where the processed/refined lithium came from?
Wonder where the raw material came from?
Wonder how many people were employed in this whole chain?
Wonder how many families were provided for in this supply chain?
Wonder how many bees have been saved?

Much like a dyslexic Lee Marvin ‘I was born under a wondering star’

W69, not sure they can as the chap from APA said, without triggering ‘tacit approval’. Are they hoping for a nuclear option and the whole thing to implode on the back of a small percentage of non essential land, bought in good faith as detailed.

I would hope that the additional information provided to explain the improvements to the plans, as soon as they could, may sway some minds into at least being open to the options being laid out. If that means that they also start to question who / what is advising those in the Parish Council and whether they deserve on going support at future elections.

At present I am trying to work out which side is set to lose their fingernails

Having got precisely nowhere by pointing the gun at the Government, the Parish Council now feel that they should aim a little lower and direct any fire at SAV itself.

I hope their legals are doing this pro bono. If this is designed as a last minute spoiler, it will be interesting to see what new information they are looking to present, and to see what impact if any it may have on the APA’s review of the submission.