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Not hard to spot the obvious gap but good to see the spotlight being shone in the right spot as we definitely need to hear more on the processing capacity. However a Bit ironic name of Pit2plant especially if they are looking to base in UK with its extreme paucity of pits.

This cub reporter cannot take the credit where it's not due. My eyesight deteriorates but eagle eyed lucker deserves the hat tip for this little nugget.

Might be a 20 year advance warning then but somehow doubt it.

https://info.innoenergy.com/eit-innoenergy-iberian-battery-summit-2020

article in the Telegraph today alluding to the greatly increased battery gigafactory capacity but then loses the plot a little in claiming greater lithium supplies. Even if it were true, I for one think that we need to hear a great deal more across Europe on the processing and conversion capacity.

CM, I've been reading your thoughts with interest not least as we've been paddling similar canoes for longer than either of us probably like to remember. Can certainly understand reaching a tipping point, enough is enough moments, especially when the longer view / vision might seem to be advancing more quickly in the more central European areas.

Whether positive or negative, whatever happens over the coming months as these initial elements of the supply chain are established, it will help finally scratch that seven year itch that has irritated for so long. I remain somewhat more hopeful than you sound. You never know, should decent news land, it may revive your deflated belief.

True, the N Yorks potash mine may be going ahead, but at a wipeout cost to the original shareholders.

Hi, CM. You may find it hard to argue with that, but I know someone who would no doubt be able to. Cue the dulcet tones of, yes, Mrs Mitty who continues to offer pearls of unasked for wisdom at every opportunity to all and sundry, within earshot or not. Bless.

To be frank, I am not really bothered if it's the biggest, smallest, most westerly, easterly, or southerly. I would just like it to be EIA'd, licenced, underpinned, financed and up and running. Other projects can sort themselves out and once all producing or not, the relative tables can sort out the colour of any applicable medals.

One thing is that can be claimed is that out of current contenders, SAV is closest to the best Port in the world.

If he had hung on, could have got 24p today. Oh well, can't trade backwards.

https://m.youtube.com/watch?feature=youtu.be&v=SP35mosKqjI

Seriously good interview to listen to. I know what I feel on this but you will allo doubt make your own minds up.

Not in the shorter term. Redruth, the nipple end of Cornwall, may have a suitable resource that may be translated into battery grade lithium assuming the conversion processes are developed but assumes the raw materials can be extracted, processed and moved without any coordinated protests and fast-tracked planning consents. Long odds may give great potential returns if they come in but North Yorks and potash might be an unwelcome reminder of what can happen.

Good luck and fortune to them but any Uk battery chain will be reliant on imports for many years yet and I suspect WA is likely to be the source for some time come. But what do I know.

Not sure what people expect from a set of interim accounts but details of any offtake agreements are unlikely to be buried n the appendix.

One thing that was thrown in confirms the possible direction of travel for Moz. "but also to potentially create a commercial and corporate structure around the project which allows its market value to be properly recognised.". Whether this is to separate Moz for its benefit or inversely , to separate Portugal for its benefit is the Siamese Twin dilemma.

CM, the pamphlet is on the MdB website

https://minadobarroso.com/wp-content/uploads/2020/10/AF_diptico-savannah_pt_15out1.pdf

Bearing in mind your earlier comments about everything being divvied up equally between Germany, France, Germany, Poland, Germany, France, North volt... thought his extract might be a pointer to confirm some ambitions though they (Port Gov and industrial groups) will actually have to get on with things.

"With the extraction of lithium, the country can aspire to respond to the European strategy of hosting a future European refinery and, further down the industry chain, to attract investments such as conversion units and battery factories, which will represent a great boost for the Portuguese economy."

https://twitter.com/savannahres/status/1319631143260532738?s=21

Recent release from SAV looks like an opening gambit. Not seen the full doc yet but the it will no doubt be of great interest.

Can't seem to start a new message so hanging off this one.

https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/howard-klein-opportunities-tesla-battery-day/

Interesting half hour from Howard and SAV tipped around 27 mins in, compared to Piedmont in scale and product. Good listen with considered view post battery day and Piedmont news. Interesting pointer towards #SAV as a European equivalent in size and product, and Tesla looking to regionalise it supply chain.

https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/howard-klein-opportunities-tesla-battery-day/

CM, hi. internal mining and/or new cheap extraction methods were only one aspect of their ambitions and road map for world electrification. Unlike factories that can be hawked around different jurisdictions and played off, raw materials are where they are found and will take some time to prove up, permitted and developed. He said he was looking to shorten the links so which comes first, the proven raw materials source or the chemical factory and battery factories? Furthermore, he was referring to the North America market in the presentation.

They may be looking at foresaking the oven ready projects available in the states for now but Whatever they produce at some stage for themselves, they also are looking at a vastly increased demand which means they still need supply for the time being. They will still need to guarantee supply from companies that may have longer term buyers willing to contract.

In addition, the US is not the EU. Lithium may be abundant, but chopping back some trees outside Berlin under threats of walking away would not be the same as mine permitting for lithium, hard rock or clay (assuming other clay deposits of a suitable size other than Vulcans). As it is in Europe, no local supply for anything let alone the vast projected requirement.

Apparently DA's phone (presumably) is in Portugal currently, so maybe we may have word on APA and the EIA coming . I ll take that for the time being.

Had one last week as Lombard Odier stuck its head over the 3% parapet, possibly when 28m shares changed hands. If other II s were buying in, they would need over 40m shares before a TR1 (optional in any case) and there has not been that much buying, so not sure I would agree. Always happy to be wrong if positive.

Until APA have all the info that they asked for following the initial appraisal and they confirm that the application is complete / conforms, they do not make the details public. We were told a few weeks ago that they were working on the further queries so it perhaps doesn't come as too much of a surprise that the July/Aug newsletter is a little barren with few developments to speak of.

I had understood that they were expecting to have provided replies etc mid September, and are ready to roll out their engagement program as soon as APA releases confirmation which must surely be imminent. It might make the next newsletter much more interesting.

OTH, here's your chance again.

Can't see the association between the companies having any impact.
Can see the destruction of aboriginal caves by the wicked uncaring mining industry giving additional gryst and fervour (rightly) to naysayers in general. Not sure how many aboriginal caves are in Northern Portugal, but it may add increased operational oversight to make sure any Neolithic sites are handled properly if ever found.
It did make me wonder if it might impact a little more on Infinity with their proposed site and refinery being so close to religious sites.

8.31.59 75,000 2p? When all around..... Hopefully not you or a very poor advert for Halifax.