Member Info for Osaka

Starts at 4pm

Link below;

https://vimeo.com/event/503017?utm_campaign=Iberian%20Battery%20Summit%202020&utm_medium=email&_hsmi=99203217&_hsenc=p2ANqtz--3lVM7xbv_UIVUJnqSrYGGW0ItQOKm1vn9aKrDyPeuK163kpYkJ4xSHgNs7VHBY2f62c6elMRTnX58bHRqX33_NWjUpg&utm_content=99203217&utm_source=hs_automation

Seen a few chartists saying 5.2 next target, not that i'm a fan of charts on AIM.

Seems we have another high volume day on the cards.

Tight supply drives China’s lithium carbonate prices up further.

China domestic battery-grade lithium carbonate prices increased again, up by 3.6% week on week due to tight supply from suppliers.........

https://www.metalbulletin.com/Article/3965162/Home/GLOBAL-LITHIUM-WRAP-Tight-supply-drives-Chinas-lithium-carbonate-prices-up-further.html

M&A is very active in the sector right now, maybe we won't sell it totally but at the very least I can see a major coming in as a JV partner, either way i'd be happy.

I also think Moz is going to take off soon, expecting a decent update.

4 years ? You're just warming up, try 7 LOL

That's a long winded way of saying you screwed up due to lack of patience, i've been adding around the 2.8 level, there's a LONG way to go yet and plenty of money to be made.
5p is a realistic short term target imo, I also think we have a discrete for sale sign up on Portugal and the price is worth circa 8p to shareholders MINIMUM.

SAV just tweeted this, a hint ? ;-)

https://www.mining.com/tianqi-lithium-sells-49-of-australian-unit-to-igo-in-1-4bn-deal/

121 Mining Investment Online EMEA 18-20 Nov 20

Lot's of detail covered for anyone new here.

https://www.youtube.com/watch?v=kEaGVYr90Mo&utm_content=148425882&utm_medium=social&utm_source=twitter&hss_channel=tw-2491158522

Any alternative to lithium is at least 10 years away, absolute minimum and the life of our mine is 8-10 years so not an issue. Many who denounced lithium have been made to eat their words over the last year, it's now widely recognised that it's going to play a vital role for many years and supply issues are going to be serious. SAV also have valuable by products, the OPEX on this project will be outstanding.

Jazz - I agree, politicians are the biggest crooks out there. There's no doubt they will introduce new taxes but it's still a fact that the running costs of an EV are much lower than ICE.

Of course it equates, take the Kia Niro for example, average range is 280 miles, it achieves 310 urban. The failure of major components in the ICE is the second biggest contributor to a car being scrapped, second only to major accident damage. Electric cars could have the motor replaced very easily and the cost of electronics only goes one way, down sharply once volume production starts.

You're not factoring in the significantly lower running costs. £3 to charge overnight vs £50-60 to fill the average sized petrol / diesel car plus MUCH lower maintenance costs.

Any positive mention of our EIA tomorrow and this will rocket, the government clearly want to see lithium mining succeed, why would they be participating tomorrow otherwise ?

Straight through that 3p zone, nothing to stop us hitting 5p in coming days if people hold their nerve ;-)

I've seen AIM stocks rise hard many times before shortly after the appearance of the trolls, they seemed rather desperate last week ;-)

Would be nice if Archer was going to be discussing our deal tomorrow at the summit after a 7am RNS ;-)

Another session on the 9th December

Session 3
Agenda
Raw & active materials
December 9, ONLINE
Keynote Speaker – João Pedro Matos Fernandes
Portuguese Minister for the Environment and Energy Transition

Introduction to Smart Mining - EIT Raw Materials

Round table Discussion:
Savannah Resources
Infinity Lithium
Lithium Iberia
EIT Raw Materials

You can register here

https://info.innoenergy.com/eit-innoenergy-iberian-battery-summit-2020

Thore Sekkenes
European Battery Alliance Program Director

In his keynote speech at Mines & Money last week he said;

“I lead EBA 250 a cooperative ecosystem including the European Commission, EU countries and key industry stakeholders," says Sekken. "Our Common goal is to create a European battery industry. If all goes well, by 2025 we will create an industry worth €250 billion per year.

We have 550 different members distributed across the entire #batterymetals value chain" says Sekken. "We have also created the Business Investment Platform – a tool for attracting private and public funding to sector. We are targeting €70 billion of investment in coming years."

Sekken discusses a @benchmarkmin report which recently found that lithium demand is going to take off from installed capacity in around 2028.

"This year the EV market has kicked off to an extent not seen by many of us. EV car registrations in Germany tripled this year.

European car makers are investing 3.5 times more in #EVs than China currently. That is a major difference we’ve seen this year," Sekken says. "And industrial projects are taking place across entire #batterymetals value chain in 22 European countries."

Sekken talks about various #batterymetals mining projects being developed in Europe:

"We have engaged with @SavannahRes in Portugal. Their lithium mine will open in 2022. Then there’s
@InfinityLithiumin Spain, & EMH’s Cinovec lithium mine in the Czech Republic."

Just the start, many will be looking to do the same, financing should be pretty straight forward for Portugal.

https://www.metalbulletin.com/Article/3964904/Iron-ore/Anglo-Pacific-to-transition-from-bulks-to-battery-materials-CEO-Treger-says.html