PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Up 50 percent. No smoke without fire.
Diversion tactic, surely SAV would be a better purchase
I even said it for free this morning!
Drilling update Aldeia Portugal. Offtake agreement Portugal? Oman drilling update? Portugal DFS is q2 as is Mozambique study. Oman licence could drop anytime.
Very good, did you Google Flymo-Car!
Of course Apple have got lot of experience with fixing cracked screens as well! Apple iCar, Dyson vac-car, Flymo-Car. They all need Lithium.
Blimey fell off my perch. Me thinks some news on the way.
Yes the last RNS on Oman said the extra drilling would be complete in Q4, so hopefully we get a positive update soon, unless it has over-run.
Yes happy new year. Come on SAV!
RNS onwards and upwards
@3.40 'an enormous amount of interest from major international groups'. .DA describes offtake possibilities!
Nothing earth shattering just working with local university and lab on testing etc in Portugal.
Well it's that time, a sit down with DA, review objectives performance. As an investor rather than a trader my marks might be different from some. Objective 1 Get Oman permitted and into production. Score C. 7 permits granted including the tourist board but PAM still sat on their hands. Objective 2 Prove up Portugal and secure funding. Score A. Well done, excellent drilling campaign and raising £13m at 9p with hindsight is an outstanding performance.Excellent biproducts resource will fund production. Objective 3 operate pilot plant and prepare feasibility to increase share of Rio project. Score B . Kept some focus on this, good work with local community, need to keep focused. Overall score B. Not enough to execute LTIP but getting there! 2019 q1 objectives Offtake agreement for lithium in Portugal Complete Feasibility next steps in Portugal, keep an eye on enviromentalists Revisit the strategic importance of Oman,what now with new drilling Complete next steps in Mozambique to 35percent ownership.
Another good set of drill results from Portugal. What hit me was the confidence, the fact is that we are now slowing down our drilling programme, we have the results we need. 2019 drilling will be just about incremental growth. Good capex management.
Trisse Difficult to assess but I think the opex on your cascade chart would also reduce as less environmental treatment, but 4.5p per share not be sniffed at. Great to have your analysis to hand each time another RNS arrives.
Nice to see positive RNS on biproducts from Portugal.Accretive to overall business case and positive on environmental impact. Another tick in the box.
Export Lithium
With the Aussie gov looking to build batteries rather than export License to China as reported yesterday. Maybe that will speed up the possibility of our offtake. Only three weeks to go for DA to deliver on his stated objective. Extract: Australia must not squander the “once-in-a-generation” opportunity presented by the booming demand for lithium-ion batteries and should build a dedicated manufacturing sector instead of sending the nation’s vast amounts of locally mined lithium offshore, federal government ministers have said. The Morrison government on Tuesday released an Austrade report on lithium – a key ingredient in lithium-ion batteries, which are used in electric vehicles, electronic devices like mobile phones and laptop computers, and to store renewable energy.
Not sure the shareholders of BcN will be enthused by Peter Seckers view on finance, given his calamitous efforts so far.
Yes they could buy out the omanis .