Member Info for init2oneit

Thanks IB, you would think someone somewhere would pick up that’s it’s trading at a tenth of Aussie assets.

Just as a point of reference, this was October 4 years ago. Patience has become a necessity. Hopefully this time we will jump the hurdle.

https://www.reuters.com/article/us-portugal-lithium-savannah-idINKBN1X71PW

Can we attract a manufacturer? I did read a very old article that in 2019 SAV were in talks then with EV manufacturers. Obviously that never came to anything with the delays that ensued.

https://www.investigate-europe.eu/posts/european-carmakers-mining-lithium-batteries-china

Https://www.investigate-europe.eu/posts/mining-minerals-not-european-business

Like that analogy IB. There is so much to play for. With the possible payback of investment within around 18 months, this is going to attract some attention. Hopefully the team and new CEO are up to it. The right partner is vital unless they receive a full offer they can’t refuse. Keep drinking the grape and next year Rodderx :)

Apologies IB, it was more a statement from me, given recent events. My text was somewhat jumbled. Azure seem to be the latest in the frame

IB with Al Marian and Slipstream holding almost 25%, there were to absolutely no chance of an opportunist bid succeeding.

One day Rodders :)

Thanks IB. All very positive. Let’s see if SAV find it noteworthy of some kind of ‘ we note the recent statements etc etc and look forward to etc etc RNS in the coming days.

I wonder whether a change of attitude to the sector may help SAV in its quest for financing It may provide an alternative option at least.

Their involvement is a clear sign that mainstream commercial lenders are now happy to work with lithium miners, after shunning the sector for much of the past decade because it was deemed opaque and poorly understood.

Thanks again. As you say quite entertaining. The amount of wealth available eh. One wonders if indeed it was true Aethel were in Australia, according to that early report , who they were talking to.

thanks ib fir your commentary. imo unless some surprise action, it will be toward end year before corporate news, partnerships, off takes etc and probably just as sav said, aethel are just one ion the list as part of that process. similarities though between aethel and gr’s han**** quite interesting both being iron ore.

IB what do you make of collapsed Liontown bid ? If it was GR’s intention to prevent the deal, she got her wish. Going to be interesting there with financing and GR’s further intentions. Whoever SAV choose for partnerships etc feel they could do with a similar size of Albemarle and their expertise. We will see.

No mate sorry don’t agree. What I said was at the time of purchase the CEO should have no privileged information. Now one has to assume if some negotiations such as partnerships, bids, joint ventures etc etc were taking place, this could be deemed as price sensitive. I just state with all the chat about Aethel, had they really been talking to the Co with a prospective bid the CEO could not buy. So we are safe to say that when he bought his 500 k odd, there was no price sensitive talks / negotiations etc etc going on.

The CEO is currently not a board member but will still be governed by these rules just like anyone else. You and me included

Rules of the Stock Exchange and insider-dealing legislation restrict directors of listed companies dealing in shares when in possession of privileged price-sensitive information.

Just to correct one thing from my previous post, the CEO is currently not a board member. However as a paid employee charged with running the business he’s going to be in the know of any price sensitive information. If there is any.

Doesn’t mean to say something might not get going imminently, that famously imminently After all they might of had a phone call from Albemarle over the weekend, now they are out of Liontown lol

Erm So you are saying that negotiations could be underway when the shares were bought but talks are not price sensitive. I would have that any negotiations from now on in with potential partners are price sensitive. Well we damn well hope so.

More importantly it indicates at the time of purchase no closed period for Director buys. So up to that point no talks or negotiations underway with Aethel or anyone else.

What do you make of a 10m trade today ? and down by .25p. Manipulation or what. Something going on here ?