Member Info for Osaka

Tesla have an awful product, build quality is horrendous and their performance claims are being unveiled as untrue recently.

Just be patient, the proper car manufacturers are going to be fighting for lithium in Europe much sooner than anticipated.

The key for SAV is the building of the refinery, once Portugal gets the green light on that then this will rocket.

https://twitter.com/EITRawMaterials/status/1222521328974077952?s=20

Hahahaha ever wondered why your houses in the region mainly lie derelict, ever wondered why so many people from the north leave to seek a better life. A few small minded misguided eco warriors won't make any difference. Portugal needs this project to succeed, the EU needs this project to succeed.

Based on that you must look in the mirror every day and think what a **** for buying SAV shares.

I on the other hand congratulate myself for having some patience, a lot of patience, more patience than Archer deserves, however, i'm 100% confident we will see the high's again relatively soon.

Can is the correct wording because SAV can choose whether or not to deliver the PFS. As for using the word 'does' just have a look at the grammar lol

In my opinion you're a troll with zero interest in the company. You have been told several times to ask the company directly for clarification over your numerous gripes. Any normal person who was genuinely invested wouldn't keep whining like a kid that can't get their own way.

What would be reasonable is if instead of whining on here you picked up the phone or emailed Archer and directed your concerns to him. That's the only way to get a definitive answer to your continued queries. Alternatively just keep whining on a public bulletin board with no substance to your comments.

For the less educated whining bulletin board keyboard warriors........an explanantion as to the importance of today's news. Nobody and I mean nobody, has been more critical of Archer and his performance to date across the 3 projects than me, however this is very significant.

Taken from the Howard Whitman note;

Encouraging and detailed metallurgical testwork results were reported from their advanced 100% owned open pit Mina do Barroso spodumene hard rock lithium project in Portugal.

This involved the development of a new flow sheet and testing of a variety of mineral types, including different weathered types of spodumene ore from the various drilled deposits that form the project.

The new whole ore floatation flow sheet replaces the previous Dense Media Separation followed by floatation flow sheet that was developed for their Scoping Study on the project. The new flow sheet appears more robust to variable ores and offers cost savings. One disadvantage was slightly lower overall recoveries, but greater robustness in achieving the required 6% lithium oxide (Li2O) concentrate grade target was very important.

Of the numerous Western Australian spodumene mines that have come on stream recently, a number have suffered initial metallurgical problems which have led to reduced recoveries, lower than expected concentrate grades and have required considerable remedial work and expense to bring output back on track to that originally expected. Indeed a small number continue to suffer from an inability to deliver the required 6% Li2O concentrate grades.

This was obviously something that Savannah wished to avoid and it has thus spent more money and time in vigorously investigating and testing the metallurgical characteristics of the various Mina do Barroso ore types, to ensure they get it right first time. Metallurgical work as part of their Bankable Feasibility Study continues.

Rio don't call the shots in Moz at the moment, we can carry on working towards that 51% milestone.

The BCN deal is awful, hence the muted reaction.

https://translate.google.com/translate?depth=1&hl=en&nv=1&rurl=translate.google.com&sl=auto&sp=nmt4&tl=en&u=https://eco.sapo.pt/entrevista/entrevista-a-maros-sefcovic-o-litio-podera-ser-o-novo-ouro-de-portugal/&xid=17259,15700023,15700186,15700191,15700256,15700259,15700262,15700265,15700271

How well has he greased palms and been successful at wheeling and dealing ?

Had zero influence on the Omani's
Had zero influence on ministers in Moz
Failed to secure an offtake with the Chinese

I should hope directors are buying at this level, where were they at 4,5,6,7,8,9p etc. ?

The message that shareholders should be delivering to the company is simple. You have delivered NOTHING in 6 years. You have created ZERO shareholder value. You will NOT be getting an easy ride from now on. We are watching your every move and will not stand for over inflated salaries rewarding failure to deliver any longer.

Alternatively you could bury your heads in the sand and let Archer carry on taking his £300k+ salary without being accountable to anyone.

The prospects remain bright due to Portugal but that was Dale Ferguson that provided that opportunity, not the rest of the overpaid arrogant bunch.

If we get some cash from Oman and Moz, which is more than likely let's see if they use some of it to buy back shares and reduce the dilution we have all suffered.

Get your finger out and start earning your salaries. Jetting off to exhibitions and conferences does not justify what you are taking.

https://twitter.com/SavannahRes/status/1177491676283060226?s=20

Plenty happening, seems like funding will not be an issue for battery manufacturers.

https://audiovisual.ec.europa.eu/en/topnews/M-003370

You'll have to log in for the rest but you get the picture

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/07ca9d22-b9f6-11e9-8a88-aa6628ac896c

They have dubbed it the “Airbus of batteries”. Bruno Le Maire, the French finance minister, joined with his German counterpart in Paris last week to unveil plans for a battery plant to supply electric cars, part of a pan-European project backed by public money.

The first plant, to be built in the Nouvelle-Aquitaine region of south-west France, is a sign that Europe is catching up with China in the battery revolution, which promises to be a mainstay of the future low-carbon economy.

It looks like a sensible bet, given the alternatives. Shipping batteries from China will add to the carbon footprint of electric cars, as will moving raw materials from Africa and Latin America to China, to be processed and then brought back again. Developing a European battery industry should also help reduce some of the job losses that will result from the switch away from the internal combustion engine.

Catching up will not be easy. Over the past five years, Beijing has pumped out billions of dollars of subsidies, built vast battery factories and bought up mines in the Democratic Republic of Congo and Chile. As Maros Sefcovic, European Commission vice-president, put it in June, China is “locking users into new dependencies, and from there aggressively moving up in the value chain.”

But Europe knows it needs to develop its own battery industry and supply chain if its carmakers are to produce enough electric cars to meet stringent new rules limiting CO2 emissions, to be phased in next year. The European Battery Alliance, a public-private initiative established in 2017 by Mr Sefcovic, has targeted as many as 25 battery gigafactories to be built across Europe by 2025.

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/07ca9d22-b9f6-11e9-8a88-aa6628ac896c

While the UK is focused on next-generation battery research, Europe has the scale and size to enable large-scale battery production that can be tailored to adjust for changes in technology.

We can mention anything we want after reading it in the annual report, I presume you can read and write or do you get someone to type for you ?

Only a fool shoots from the lip before engaging brain

Benchcar you are clueless. Getting licences in Oman and Moz is not and never has been about money. Would you care to explain how spending more cash on those projects would have obtained the licences quicker ? Can't wait for this one.

Oman is very different due to the ridiculous amount of red tape so i've cut him some slack on that, however as CEO he should have envisaged these obstacles, that's what he gets paid for.

Too much sodding around at exhibitions etc. All focus should be on offtakes, licenses and finance. As far as i'm aware none of these trade stands have produced anything so far.

Don't even get me started on St Brides, the most inept useless waste of space PR firm on the planet. When i've questioned him about the possibility of ditching them in the past his answer was, they aren't expensive. No **** sherlock, you get what you pay for. Just imagine if we had spent some of his airfares and exhibition fees on decent PR to attract decent investors then maybe we wouldn't have had to do a bargain basement placing.

Clueless about the markets, you should always utilise peoples strengths and delegate responsibilities to others rather than ****ing it up yourself just because you're the CEO.