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One thing I do know for sure is that jonners didn't turn up for some free jam biscuits & coffee, thelix didn't manage to crawl out from under his stone either and surprise surprise bigsociety didn't show up and put all the criticisms of DA he spouts on here face to face.

Oh to be a keyboard warrior ;-)

Neal went, I expect he will post his thoughts later, another guy from the twitter group also went, i'll wait to see if they post here before stealing their thunder but sounds like it was a good meeting.

#Moron

The IMPORTANT PART

We therefore need our European Investment Bank to become more fully engaged in raw material projects in exploration, mining and refining – and linking it up with the circular economy (with secondary raw materials), where our competitive advantage lies.

Things are moving: the European Bank for Reconstruction and Development (EBRD) is preparing a EUR 60 million Exploration Investment Facility. Similarly, the World Bank has launched a Climate- Smart Mining Facility.

The Platform will support projects of different sizes and needs (grants, loans, blended finance etc.) depending on their maturity and nature: innovative products, demonstration, industrial deployment, Important Projects of Common European Interest, etc. It should be launched on 25 June.

But the work is far from complete. We still have a major gap in the battery value chain: I would like to address the critical issue of access to raw materials.

Without undertaking its own exploration, the EU will have no mining projects. This, in turn, means no refineries and, without refining capacity, the EU will continue to be in great part dependent on foreign supplies of high quality materials.

In a nutshell: we cannot sit idle while China is taking control of all the supply.

Our companies have the world most innovative processes and apply the highest environmental and social standards – they can make a real difference on the ground in resource-rich countries.

But they also need more de-risking from public investors.

Concerning battery raw materials, current EU mining production represents a very small portion of global levels: 14% for nickel, 8% for cobalt, 1% for natural graphite and lithium.

And refining is completely missing in Europe for the latter – which means that even if we were to ramp up production for batteries – as planned – for 2023/25 and invest in extraction activities, we would still need to ship lithium to China and back for refining !

Unless we develop our own capacity.

We have identified with the Member States that there are 10 potential mining projects for lithium that, if developed, could allow the EU to move from 1 to 30% of the world production by 2030.

In the case of battery raw materials, we can see commercially viable projects not securing financing even when fast track permitting process, high sustainability standards and the public acceptance are all secured (e.g. lithium projects in in Portugal and Finland).

In other words we will get all the financial support we need, no wonder David has had so many high level meetings in Portugal GAME ON people.

Controlled selling matching a buyer with a large appetite, simply a change of hands.

It's all good, we need some volume, buyers and sellers welcome !!!!!!!

Still very much alive, license soon hopefully

https://twitter.com/SavannahRes/status/1136885784764723201

"Financing might be a tall order"

You sir are too kind, let's just call a dog a dog shall we ?

No reason not to believe him, however Oman has tarnished his reputation somewhat.

Oman was always far riskier due to the moronic regime.

Bit of a wild assumption on the cash burn rate in my opinion.

I fully expect an upfront payment as part of the offtake deal.

On the subject of expenses I see no reason why DA shouldn't use Ibis hotels or similar and post pics of himself in bed on Instagram, maybe a couple of him chomping on a Big Mac would also help allay fears of expensive a la carte dinners being stuck on the company credit card ;-)

Does your other half know you're the 12th biggest romper ? ;-)

LOL

Kentan

Where do you think the HMS is going ? It's going to Richards Bay for processing !!!!

Kentan

"Mozambique seems no better, it drags on without much impetus, again waiting on the bureaucracy of the Mozambique Government and their overbearing attention to detail that is suffocating the project. Will not be long before Rio Tinto also loses patience and lowers its interest in the JV with SAV."

You couldn't be more wrong about Moz, Rio are fully committed hence the massive investment in Richards Bay.

https://www.riotinto.com/media/media-releases-237_27331.aspx

Yes indeed, what a project and the timeline / progress to date is blisteringly fast.

Only answering...... darling

Why else would you have a entire page titled Fortescue ?

I predict M&A activity of some kind, they have openly stated they are looking to acquire something in the European lithium space and are bidding on all the tenements around us.

Not hard to work out is it.

I'm usually pretty meh on these presentations but this one has got my attention.

To have page titled "Fortescue" is a HUGE signal imo.

Well done, played a blinder there CM, the pump and dump crew will be all over it then I can see it dropping hard, who knows, worth a punt shorting it imo