Member Info for Osaka

He doesn't know how to be honest judging him on past form. Shame he didn't step aside when he had the chance but I guess asking an egomaniac to acknowledge their failings isn't realistic.

Portugal will succeed despite him not because of him.

For all his MANY faults DA still has significant skin in the game, personally I wouldn't be selling at that sort of loss right now as Portugal is very different to the basket case of Oman. Moz also has significant value even if just transferred back to Rio so it's not all doom and gloom.

This is more relevant

https://hotcopper.com.au/threads/ann-force-to-acquire-high-grade-copper-projects-in-oman.5599490/

"Repayment of AUD$3,500,000 in cash of an existing loan indirectly owing to Savannah,
payable preferentially to Savannah from cash flow from production from Block 5"

Who and when did we make this loan to ?

So basically IF it ever gets into production we get $3.5M Aus + 1% royalties and 50M shares

With a bit of luck it's Archer and the buyer (who has been busy for several weeks) is Remy coming in as his replacement ;-)

He's long gone

Personally feeling much more positive over the last 2 weeks, seems we are moving up a gear with the PR, financing and offtake news could be imminent.

I'm also confident we could see Oman finally offloaded in the next few weeks, get that monkey off our back and some cash in the bank and this will rocket.

Demand for EV's getting is substantially stronger and all manufacturers outside of China are having real problems obtaining batteries.

Perfect storm is forming for a European lithium miner, we just need Moz to kick into life and I have no doubt we will be back in double figures sooner rather than later.

https://www.pv-magazine.com/2020/05/08/lithium-ion-storage-is-here-to-stay/

https://www.bloomberg.com/news/articles/2020-05-11/to-avoid-battery-metal-pinch-carmakers-urged-to-invest-in-mines

“Having to invest upstream is not what a car company wants to do, we understand that, but the rules have changed,” Riggall said. “We’re building a supply chain that’s never existed before, for a range of metals that have never been needed before by this industry.”

Some people should mind their own business rather then trying to publicly humiliate others on a bulletin board.

Could be people taking advantage of these bargain prices adding to share ISA's, new tax year after all.

It's factual that so many elements in these projects are a moving target. I've been as critical of DA as many have, however the fact remains that compared to peers SAV are still in a strong position.

So many pi's get emotional because of their own shortcomings. There will be people who have bought at the top, others who have bought around 8-9p when it looked like a bounce back to double figures was likely. There are others who have bought at various points from 1p to 12p. End of the day everyone has to take responsibility for their own actions.

Archer hasn't done anything to deliberately harm the share price, there are plenty of CEO's on AIM who don't give a toss about shareholders and will do whatever they can to maintain their lifestyle position, he is NOT in that category.

Anyone that can afford to buy at the current price should seriously consider increasing their position. I have and i'm comfortable with that decision, others may disagree but this has always been an investment over several years for me not a chuck some cash in and hope for a spike play.

Indeed a very good update.

Confirmation at last that Oman is for sale and negotiations underway.

"Developing a project Benefits Sharing Plan" great way to engage the locals in Portugal.

Confirmation that NO requirement for anymore dilution.

Interesting to read about the

reggie you can read the chart since the start of the corona virus outbreak yes ?

I remain bullish despite the wider carnage on the markets, bizarrely we have held up well. We are well funded for the foreseeable, seeing one of our peers secure funding yesterday is great news, also shows commitment from the EU which is what DA has always claimed.

https://asx.com.au/asxpdf/20200325/pdf/44gcr2q4yj6sl7.pdf

Do I believe him when he said no more dilution ? Despite my reservations about some of his actions YES I do, the project is strong enough to stand on it's own merits and I fully expect funding to be achieved on acceptable terms.

The by products are key here and will go a long way towards covering operational costs.

I firmly believe that VW and BMW are looking to secure raw material, they will not leave this to chance and rely solely on battery manufacturers, they will want control.

What have you got right ? None of the trolls have got anything right or you would all have sold at 16p LOL

Of course that is if you ever had any shares in the first place. I reckon there's a few over leveraged bitter people who come on here to try and absolve themselves of blame because their spread bets have gone wrong.

The value of the assets is still the same, in fact Moz is worth more due to rising HMS prices.

The big test that Archer still faces is getting it all to market.

kopfkissen try sticking to facts not mindless ranting, you have no idea how much they have spent since year end.

No drilling - FACT
EIA has been the focus of the vast majority of work carried out - FACT
The company is stable compared to many peers - FACT

If you must have a hissy fit then at least try and back it up with some facts instead of supposition.

Strong cash position unlike many junior explorers. For all my criticism of Archer recently we are at least stable, there will be many going to the wall in the near future, SAV still well positioned to succeed compared to peers.

By your own admission you don't ask the company, you've been told so many times to pick up the phone and put your points to Archer directly but no you'd rather post garbage on here and troll your own investment.

I've met him several times and have asked searching questions, in fact almost got thrown out of the office on one occasion so grow a pair and address your concerns directly is my advice.

As usual a load of nonsense from the resident troll. The PFS was commenced then paused because you would waste money doing it without mining licence approval so there's no way Archer can be blamed for that.

Can he be blamed for failing to anticipate the likely delay with the Moz authorities ? Yes 100% especially when he's paid so well he should have a handle on anything and everything.

Archer has failed on many fronts none more so than Oman but it doesn't mean the projects won't go ahead, it doesn't mean the projects don't have significant value either.

He should have gone when he had the opportunity and let a younger more dynamic person take control.

He can't hide behind the "i've got skin in the game" ****** any longer because he takes a fat salary out.

If you're reading this David and I know you do sometimes, then please seriously consider taking a back seat because you don't understand AIM, you're out of touch with shareholders, we have had enough, step aside and let someone else take the company forward.