Member Info for Osaka

The proposed site of the new refinery is likely to be Leixões, not Porto as first thought.

From 31st March as part of the announcement regarding covid measures taken.

"Continuing advanced negotiations with potential partners regarding the commercialisation and financing of
the project (offtake agreements, contract services, strategic partnerships, EU battery-related initiatives)"

How close must we be ? Interims have ben pushed back to 30th October latest for a reason.

Google translate required.

https://www.dn.pt/dinheiro/pensar-no-ambiente-num-futuro-cada-vez-mais-eletrico-12908959.html

Nothing published correct.

As i've stated before it was a very smart move by DA not to take the Chinese deal offered last year, personally I would never trust them.

Some interesting reading here;

https://www.marketscreener.com/quote/stock/TIANQI-LITHIUM-CORPORATIO-6888062/news/Tianqi-Lithium-warns-of-1-9-billion-default-as-loan-date-looms-31376242/

100% confident we are extremely close to announcing an offtake deal with European based partners. The VW tweets have continued today, are the dots really that hard to join ?

4p is beckoning by end of this week, must be great news imminent to match the recent buying activity.

More chance of 3p

Define overdue ? Archer said Portugal would take preference, sometimes you can invent problems that aren't there, important not to let one's opinion of Archer cloud one's judgement on the potential of a project.

Personally I think they will both succeed, Moz is worth a fortune longer term, however I would love to see it spun off and just collect some royalties down the line.

Portugal is going full steam ahead make no mistake about that.

Hahahaha you obviously don't know anything about him, his shirts are just fine.

My shirts are all fine too, sitting on over 4M shares at an average of around 2.74p i'm very comfortable with that, not as comfortable as those who sold at 15p though ;-)

SAV bring in an expert in the HMS field with a proven track record to get the project moving.

Archer will more than have his hands full running Portugal.

Makes sense unless you're a whinging moron.

What do you want Archer to say right now ?

We know the EIA is in consultation with the environment minister.

We know he is working on delivering an offtake agreement.

I fail to understand what more you expect, i've been his biggest critic over the last 12 months but sometimes you just have to let the company get on with things.

CM - what a load of nonsense.

Of course a deal can be secured subject to EIA approval

We DO NOT need to build a refinery, that's for someone else to do, however we would be wise to have a stake in it. EU funding should be forthcoming for Portugal to build a refinery in Porto, if it doesn't happen then the raw material can be transported elsewhere within the EU easily.

How is it negative to have zero income as an explorer ? It's standard in the industry so not sure what you're driving at there. It certainly would not put off potential offtake partners as again it's all normal for the industry.

We had a deal offered by the Chinese and quite rightly DA turned them down, we can get far better prices by going with an EU based partner and equally as important the Chinese cannot be trusted, the worst business partners you could get in my opinion.

I expect offtake news very soon.

They always use a VW on the tweets, the Germans are coming ;-)

Says he is yes, think he's diversified a bit.

Trisse found it actually, just relaying it.

What are you talking about, they are working hand in hand to get this out to public consultation ASAP, there's a very good reason why the interims have been extended. Tick tock, great news very close imo.

Wrong as usual, we WERE always told that timelines for the EIA are not set in stone as questions and answers will go back and forth between the environment authority and SAV. Stop trying to invent negativity that doesn't exist.

Translate in Chrome

https://eco.sapo.pt/2020/10/05/green-e-smart-mining-pode-uma-mina-de-litio-ser-verde/

Exactly the sort of action we want to see, time the Germans got aggressive and went all out to secure raw material. Don't forget the French, PSA group are huge and Renault have ties with Nissan. Expecting a lot of interest in SAV in coming weeks, they also seem to have upped the pr significantly, lots of EV related tweets in the past couple of weeks.

Regardless of what we think of Archer we are really close to something great happening here imo.

CM I 'm convinced that when we get the offtake announcement, which in my opinion will be very soon, it will not simply be a metals trader committing to us.

It has to be linked to;
1/ Portugal building a refinery in Porto with a large slice of EU funding
2/ A vehicle manufacturer being involved
3/ A battery manufacturer being involved

2 & 3 could well be very closely linked