Member Info for Inbrackets

I have always tried to improve on the standard response of 'most of the time' especially when Mrs Mitty started to doubt that a simple 51% constituted a majority and the 'most'.

As you say, this must be the second / third or even fourth X-mas expectation across the projects, though I have to say, that this time, I am not overly concerned about Dec 25 as the news can come in the early part of the new year and is likely to be good.

Enough about me though......I hope you have managed to keep of the naughty step as well.

A busy board today despite continued radio silence from the company other than a general realisation that there may be none of the expected news this side of New Year.

If we do see an rns, it might be the much awaited news that the drilling in Oman at the two new target sites has been completed. Now that would be a Christmas present to trump the usual socks, but only just.

CM, despite a god awful market worldwide where 85% of all asset classes are below the waterline this year, and what has been an up and down year for SAV, we are still up about 10%. That is after the dilution and fundraising, taking us through to production in Potugal. Looking at he placing price, one could say that it was inspired or opportunistic but the main thing is that we are funded during these uncertain harder times. Imagine if they hadn't taken advantage to secure that tranche of funding.

So with funding in place, and an asset that is shaping up on virtually all measurable criteria and finally in answer to your query, we should be well placed when the tide turns, as it will, with a good funded resource. Would suggest that we have been through the vicious decline and the potential upside is now greater than the down

Easy manner in getting the message across, though I need to declare an interest, I am already converted.

CM, points made well, as ever. The environmental lobby argument raised its head a month or so back and the word that came back was that SAV had been there before and their attention to the issues was always positive and proactive. Interesting apponintments though on Monday, with one or was it two Portuguese companies that may be able to head that off before it becomes an issue. Not forgetting strong government support for the nascent industry that they want to develop.

See that the interview today would see to defer any resource update into the new year, hopefully based on more from both existing and the new areas, so could be substantially bigger. Jonners might say that it gets ever jammier with ever bigger pots, I just be one increasingly certain.

These are things that will have been n the pipeline for alittle while and are only now being reported on. Beefing up the board, strengthening the base of outsourced services/inputs expands the foundations of the company in readiness for what is coming.

You can't do everything yourself and building a team to deliver is good news. No point in contracting these services until the time is right, not too early, but not too late, and this is not piecemeal. Amateurs need not apply.

Did anyone go? If they did, was there anything to share? Thanks n advance.

Well, no newly revised presention posted for all non attendees prior to the meeting that should have just started.

At least that means it will either be based on a read out of what has been publicly available and presumably seen by attendees already, in which case, unsatisfying, or means they have produced something that will be made available to all prior to the open tomorrow.

Buoyancy elsewhere.

An interesting piece pointing out that Europe still needs a lot more investment with the development of consortia to take advantage of the relatively small funding pots. Also expecting announcements in q1 2019.<br /><br />https://www.greentechmedia.com/articles/read/billion-euro-package-mobilizes-german-battery-sector?utm_source=twitter&utm_medium=social&utm_campaign=gtmsocial#gs.h6rGUCs

Interesting article as Europe gears up its own self belief in its own abilities.

https://www.euractiv.com/section/circular-economy/interview/eus-sefcovic-raw-materials-could-become-the-new-oil/

Just as well they were the first to realise....that the competition had mobilised.

Lots of talk coming out from VW about flooding the market with millions of cars, models and all by 2023.. Not far off.

they sound as if they have finally got the bit between the teeth, and as they are playing catch up across Asia and against Tesla, they really need to turbo boost their efforts to have a chance of being anything other than a piece of cold burnt toast. Time for the talk to be converted into physical reality.

Jonners, the share sale by the FD was not a case of opportunism, whatever you may think. The slightly earlier exercise of options could create an unexpected tax liability. Tax liabilities need to be paid, and promptly, even more so when you are FD of a Plc. Not everyone has a slush fund to simply find necessary cash to cover a liability at relatively short notice and I have no doubt that he would rather have the shares, despite the recent market wide softness. I am fairly sure that he would have needed to make his case before he sold part of his holding. Strikes me that it is more tHan unfair to blame what has been a worldwide soft market on a brown buff envelop from HMRC and the sale of a few shares.

If you are tired, go to bed.

https://electrek.co/2018/11/14/volkswagen-electric-factories-sk-innovation-battery-cells/

It's the start of the Ball, and everyone has their dance cards to fill out.

With all parties starting to show their collective hands, information on SAVs arrangements can't be too long in coming. Updates on both Oman and Moz would be fair as they seem to have achieved Wallflower status but are not Ugly sisters.

VW have now announced their battery partners. They have said that they have sourced enough batteries for 50 million cars. It is now up to the battery producers to source the raw materials to manufacture these batteries.

Let's wait and see.

https://www.volkswagen-newsroom.com/en/press-releases/volkswagen-nominates-further-battery-cell-supplier-4374

But whilst we wait for the main event, another perfunctory bookkeeping RNS barely warranting the exercise at the exercise of warrants.

AM's legacy ride. Always good to be associated with the start of the future once you know the past is on its uppers.

If anyone is in any doubt

https://www.reuters.com/article/us-autos-batteries-europe-factbox-idUSKCN1NE0K5
https://www.ft.com/content/8cadb19a-e5c7-11e8-8a85-04b8afea6ea3

Kick off time?

As expected, further news on the battery alliance due to hit the headlines next week.

https://mobile.reuters.com/article/amp/idUSKCN1NE0K1?__twitter_impression=true

I would have thought that this will precede subsequent rns detailing the individual tie ups and agreement to be forged. That should to keep things a bluer shade of blue.

Thought that this was quite interesting.

https://newenergynarrative.com/evaporation-ponds-are-a-waste-of-time-money-space-and-water-and-lithium-producers-would-be-wise-to-lose-them/