Member Info for Joeman1

Definitely a balanced read.

Start with the risks, finish on the potential.

There are 38 battery production plants in Europe ..... and as you say the supply chain for the raw materials currently flows almost exclusively through China.....

...... so if we DONT get mines and refineries like those proposed for Cinovec, all vehicle and energy storage manufacturing in Europe is exposed.

So contrary to your suggestion, there is a value chain to be generated, as well a strategic necessity. If we dont do these projects we might as well turn off the lights on the way out....

If im honest...an announcement of a delay until middle of April would suit me down to the ground.......im sure the same is true for many UK investors.

Well those are some healthy accounting figures.

No idea why this doesn't generate any chatter on here yet. Or is it just too early in tha a.m.

In so much as we are now both exploration companies (and assuming that we have to attribute minimum value for BR under the current copper market).

I think ARCM is ahead as their fully financed drilling campaign is already underway, and the additional payments they will be getting from AA doesn't need to go in the ground unless they wish to explore other areas.

Although we know we are getting say £15million over the next few years ... we need to start putting that in the ground to return value.

At the and of the day both companies could end up in dust.

Just my opinion.... and im invested in both

Thanks 4Kandles

Is there a timescale for delivering a JORC on this resource? Great to see another potential source for this stuff as its expected to be a tight supply area going forward but I was looking for a scale to go with quality.

On the watchlist now

Thanks guys. It's good to be able to point at this and say.... "THE pilot operation next door is proving concept at scale"

How close is our Kamativi licence to that of Kamativi mining?

Fantastic appointment on the basis that it reiterates the intangible benefits of Rio's involvement here.

We have access to world class people.....

Looks like bit of momentum started DCat. Hopefully it will continue for a while longer.

Is Colin representing XTR at Indaba this year or just his other companies?

I know Bushranger is OZ but I would have thought that such a major announcement from XTR would be best made before going to Indaba.

He did say that it was his job between the announcement and the vote to persuade shareholders that this was the best option for us all. it would be a pretty poor show to then announce something the day before the vote.....

Carpe-Diem1:

The FS figures published so far would put EMH amongst the lowest cost producers. Once the supply chain starts to settle down more in the years to come, the price of the Lithium chemicals will start to be defined by the highest cost producer required to supply the market....... so unless we have a reason to believe that production costs will double the financials should still be very positive in the long awaited DFS.

The Hive on Telegram had a good interview with Mike the other day and a good Q&A afterward.

All very exciting for this year and hes expecting supply MOUs to start dropping well before the DFS.... just on the quality of the product alone.

Not sure I can believe those timescales Analytical..... I haven't seen a Lithium prospect jump straight to production yet.

Happy to see something moving fast though..... maybe Luansobe production? The legal rep certainly seemed to suggest this during the Roast Interview

Is that sarcasm Fulmar?

Well done Leon..... you are obviously blissfully unaware that Toyota are DITCHING their Hydrogen plans and focusing on EV and hybrid.

Talk about picking a fact that blows up in your face.

Directly taken from the latest presentation in September 2023:

SOCIAL

* Community Agreement

signed, returning value locally

* No displacement

* Education fund in place

* Long term job opportunities

* Ongoing consultation

If it is true that no local and regulatory engagement has been made when it is claimed in the company presentation, then that would be a problem. My guess is however that there has been some degree of engagement about the project overall but as it is early stage it wont have the detail these guys would like to see and so they are understandably bringing their concerns to the table.

Sounds very much like 2024, in line with the production of the DFS, will need to step up the community engagement..... and any efforts they make they need to promote these at every opportunity.

Clarification on my last post. Having reread this RNS a couple of times. The 25te sample is for Fodere's precommercial plant.... not expected to be available until mid 2024, so fully understand why the 25Te sample hasn't been shipped.

Still lots of potential but moved out towards H2 of 2024 (assuming we are one of the first test runs scheduled on this pilot plant).

Things are progressing with Fodere.

Great numbers from them too in terms of mineral recoveries so the line "With the Exclusive rights to South America" might end up being the real value in Jangada.... far more than Pitoembieras.

That said, is the 25Te sample waiting to ship a new sample? Disappointed if this turns out to be the same one announced so many months ago.