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You are absolutely right to make this link and at this point. The RT/SAV connection has gradually been given more prominence from the invisible by line a few years ago.

All the other sites show established infrastructure expected at a mining development of scale. Mutamba shows a greenfield site with a JCB in the background so some way to go but the fact that it is given any space at all confirms to my mind that RT are happy to be associated with the potential of the project as current work in progress rather than possible potential as previously.

Isn't it just a case that the story progresses. They have to tell us about the confirmation of the licences as it is factual material info. Call this Chapter 2.
It was a long and boring Chapter that weaved in and out. Now that it is done, they can now sort out what they re going to do and say in Chapter 3, but until they do, they don't need to tell us the whole plot no matter how much speculation there might be or interest in what they eventually decide on. They have to review current circumstances in the present day rather than simply following or implementing any best option from years ago. Give them some space to do that.

Amazingly, most stories are best read in their sequentIal order.

PFS first hurdle, unless they negotiate a by-pass agreement.

With the MLs now sorted, the ball is now back in the SAV/RT court. Planning must have been made for this time and no doubt t will have been dusted down and is being updated and refreshed after the past 2/3 years delay.

No mad rush into the shares this morning so far. Maybe we shall have some further news on Portugal this week to add to this very positive news.

Muldoon, couple of weeks would seem wildly optimistic . Don't forget that they were looking to use the pilot plant to provide testing material and this was strangled at birth with the lack of mining licences.

Let's hope he has a pen.

The Sultans death may explain why nothing would seem to have happened since the announcement of the mining licence last year. Life (or death) can get in the way of the best laid plans. Whilst not looking to be unsympathetic at the loss of their leader, when things take so long to move forward, the odds of a death are bound to increase. Our own included.

Jonners, would agree regards the next project. Would be happy to be turned into a pig and go truffle hunting as here are many projects that are of interest. Many not available on public markets which complicates things a little.

Good to see a lift here today but as I have said elsewhere, it still only seems like getting 15p in the the £ from a CVA. Looking forward to seeing it much closer to its highs.

Nice little mention of SAV about two mins in as they discuss Lithium in 2020
https://youtu.be/V9sDIoD3IHg

Get the feeling the heavy artillery are being positioned in readiness now for some sort of kick off.

On Monday apparently.
Plan B. Keep calm and Carry on.
It might still give them ideas to set up separate operation further up coast in Moz, after all they have a part share in 4.4bn tones at 3.9% which should keep the. Busy for many years and spread the risk.

As far as when, not sure if it's very relevant as they would have been paid once the Ministry had confirmed that things had been provisionally awarded subject to payment of the fees, no doubt with effectively an invoice. Presumably SAV will have checked through the T&C, and the level of the fees and then paid them. So it's taken a few weeks....in the scale of things, not a problem.

I seem to remember DA saying that the fees were relatively minimal and covered (USD 50k rings bells).
Concession with a capital C refers to the boundaries of each of the tenements rather than additional concessions or agreeing to terms by ceding any special t&c's.

Hi CM, as you say the market rolls on and so decisions will no doubt need to be made and implemented. I would expect them to have worked out possible scenarios previously for contingency planning as long term supply gaps are a mixed blessing.

Should it change from a supply agreement for RB effectively into a production facility then as you say, it's a quantum leap and with mcap currently around the mid 30m, including the Lithium, it would be small biscuit money if they were minded to recapture the prospective value that was agreed away in previous times. Interesting times.

BigSoc, SAV don't do timescales these days though now they have a firm foundation with MLs in place, they are back in control of events to some extent and would be able to work to targets.

I remain interested in understanding whether the 100% offtake agreement could actually be a drag on any decisions or future ramp up if RB remains in limbo or whether RT might re-direct the proposed 400m+ to develop processing plant on site in Moz. RTs history in Moz may make this difficult but the prospect of a 49% holding now that it's resourced up and licenced or dare I say it, oven ready, might be generating some number crunching and thoughts.

This happened a couple of years ago and then they recently confirmed further investment into RB which was positive. When we get confirmation of mining licences there may be a 100% offtake but where will RT ship it to? Currently they may want to keep production to a minimum and delay longer term ramp up of production. Maybe RT would be prepared to set up an RB operation in Moz though with coal baggage, probably unlikely. Another thought for the day.

https://www.portugalresident.com/lithium-fever-brings-new-revelations-by-the-day-as-well-as-quite-a-few-insults/

More heat in Portugal. A model mine, coupled with a model processing and refinery might make later projects less of an issue. If the government want the later ones, by gum, they will need to give maximum support to the first, and that is SAV.

https://www.youtube.com/embed/9y-LINMWLDY

A very detailed EIA to be followed by DFS quite quickly.

Hi CM, these pages have been up for a couple of weeks now but in relation to the last para, Rodney Hooper posted this
https://www.linkedin.com/feed/update/urn:li:activity:6602488013207547904

If we are on the right side of his equation, it will make for interesting times. The press reports regards Potuguese gov looking at a green Lithium refinery yesterday ties in with all of this as well.

Impending EIA looks like a if not the major key.

People need to read up a little but it is not that hard to find out that the other tenement is a further down the coast and not part of the equation currently. With so much to go at already, even Methuselah will have been reincarnated by then.

Tesla for Berlin. As David Buick pointed out on LBC a little earlier, all well and good but Germany doesn't have huge supplies of Cobalt or Lithium.