Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
I’m sure the company wouldn’t have worried too much either way as the EIA will speak for itself and will be validated by APA.
With that said - this is the best possible news that could’ve happened. We know the PS views and willingness of lithium industry in Portugal. A big hurdle removed. Should be a good day! :)
Well many drivers maj. expecting EIA decision in coming weeks which should be the spark that lights the flame here given the problems pretty much everywhere else in Europe in getting enviro tick. Dfs will be a massive driver as well as a deal with majors for Offtake etc.. take a look at EMH today - current lithium backdrop means a 75% increase in npv from last study! It’s not a secret that sav’s dfs will look pretty amazing based on many factors - pricing just one :)
Worth reminding yourselves guys.. the dfs due to be released will look significantly better than scoping study …
- prices now over 4x the $685 spodumene price in study
- costs in scoping factored in transporting to Asia (now almost certainly Europe)
- by product pricing massively increased
- amount of lithium in project not far off doubled with much more upside
The share price today has big discrepancy from scoping let alone the updated ££ in dfs.
Exciting weeks ahead! ??
The IWL for MdB has been designed in accordance with internationally recognised dam safety guidelines published by International Commission of Large Dams (ICOLD), Australian National Committee on Large Dams (ANCOLD) or the Canadian Dam Association (CDA), with more conservative guidelines being adopted where appropriate also
Hi Portugal insider. A lot wrong here. One May question the credentials of said person. Dr Steven H. Emerman has a Ph. D. in Geophysics from Cornell University. His experience is in hydrology and geophysics. He is not an engineer and does not have a background in civil engineering, rock mechanics or geotechnics.
Not one for tit for Tat but you clearly have an agenda :)
Wakey wakey ;)
https://eco.sapo.pt/2021/12/13/galp-anuncia-amanha-parceria-com-suecos-da-northvolt/
https://news.tvs-24.com/business/25596.html
The hints are becoming less subtle as we get closer ;)
https://primetimezone.com/trending/environment-minister-considers-lithium-indispensable-zap/
So vertical integration
- vw / northvolt fully aligned
- emphasis on ESG
- galp / northvolt deal to be formally announced
- who’s got a deal with galp ? Who’s got the go to lithium material?
I don’t think you need to be a conspiracy theorist to join the dots :) ...wonder if them dots will get joined quickly too
There are 3 options presented to APA for various designs. Once acknowledged - Sav will detail that for dfs. I’d imagine everything else is far down the line but it will need to be specific as it’s a bankable study. As a side note... the price climbs week on week and that study will look much nicer. Much more to be excited about in near term :)
Malik. It’s hard to imagine if it’s currently valued at all. It’s very strange really as everything is there. Massive jorc resource already drilled (with massive upside), Offtake signed and agreed. Big reputable partner to share the funding burden with. Mining licenses in the bag. To even get in on this project was pretty unbelievable. It’s a project that speaks for itself, even to financiers (you’d imagine)... Strangely not investors. Take a look at bluejay as a peer. Valuation of mutamba is wayyyyy off imo