Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
CM you are spot on, DA has played a blinder here. I always thought that Galp had got a cracking deal, we will see a subtantial improvement on any new deal, I stated many years ago that despite David talking of "going mining" that i've always thought the real plan is to produce "oven ready" projects, our time is now so close. Once this EIA is over the line the offers are going to start rolling in. I very strongly suspect that VW will be involved, they have announced that they will be going direct to mines to secure raw material.
Brilliant move from KEvB (Trisse on here), money where mouth is !!!!!!
Bought out the seller with another individual, that's the way to do it.
https://twitter.com/Trisseswe/status/1385663523578068993?s=20
If you read this mornings RNS it's clear to see that this is a significant turning point and a very positive move.
Moz is 100% going to be spun off and listed on ASX, that will create shareholder value.
More importantly we are very clearly going after more areas in Portugal, aggresively acquiring more lithium assets can only be a good thing.
Buying resumed on this small pullback, momentum building again.
It's not all about the app/ user revenue, they must have made significant profit from the cash reserves invested in BTC over the last 6 months, strenthens the books overall and reduces the need for further dilution, clever strategy.
Some big money flowed in today, expect to see a lot more in coming sessions, a trader I follow took £50k today.
Much stonger, apples and pears, i've been saying for years that our project is the stand out most robust out there, people get their heads turned by big headline numbers, we have the full support of the Portugese government.
SAV tweet this morning.....
Spodumene FOB #Lithium price out of Australia has now surged past the USD$600 per tonne mark up from the mid $300s in 2020
https://twitter.com/SavannahRes/status/1377533051073392644?s=20
https://www.spangel.co.uk/research/?#/portal/sp-angel/research/7_2021033107055471455/referrer/GB00B647W791/uid/undefined
We see significant strategic value in the MdB project with a fast, well understood and technically low risk path to production of low impurity spodumene concentrate and an option to supply both future local refining plants or the seaborne market.
We maintain our BUY recommendation with a risk adjusted TP of 11.5p.