Member Info for theiceberg

Reading about moz mining law and permitting. Any project with a value over 250m looks like they need a comprehensive impact assessment and assessment re locals economics benefits prior to license granting.
So no approval imho until the pfs is out.
Maybe a waiting for documents update but that’s about it.

Probably partially an ers system. But mainly as hydrogen can only be used as a hybrid system and excess electricity from the hydrogen generation is stored is massive batteries to power the train later on.
Lithium and battery storage will always be needed, at least for the next 100 years as power on demand just doesn’t happen always away from fossil fuels.
No much had been said about lithium for military uses as its highly unknown. But warfare is all about drones, stealth, robots, and even the new laser systems all will require energy on demand and on remote areas such as very large lithium batteries and lots of them.

Hydrogen trains need Huge lithium cells and will always need them.

I dont think we need a glass half empty or full to see the benefit of investing in SAV.
History provides all the evidence we need to see a factual glimpse of where the SP will be in 6 months time.

Every placing since 2016 has been at a higher or equal price, meaning the SP will be over 9p.
Back in the Spring we saw the SP rise to 15p on a scoping study for a single project. In six months time the same project and an even bigger project will provide Feasibility studies (one up on a scoping study). So the SP will rise to above 15p.

There isnt any evidence to suggest anything else.

Yeh but look at the **** price they got !
A guess might be volumes down 50% across the board since April for aim.
It make for a volatile place, more akin to asx it tsx than aim.
Market makers are spineless atm.

Across aim is dire atm inc Sav.
Tried dummy’s just above market size yesterday and not a single direct quote all went to negotiated for both buy and sell.

Is essentially a headroom facility. Ie a predetermined amount that can be drawn down. Both sides need to agree but the application doesn’t have to be done.
Another way of viewing it is that a credit committee has agreed to providing the funding and it’s structure and have given discretion of when and exact figures to an underlining (relationship manager) closer to the company. Who can give agreement at 24 hrs notice rather than 3-4 weeks.
It’s a nice insurance policy.

Most people pay 2 or 3 Times that on their credit card let alone a 5m loan in an African country doing a first real drill.

They get to choose when aaog says that they allow the conversion. But it’s still at market prices. Just like private investors choose when to invest their money.
Equally of course the drawdown is agreed by both parties just like any normal rcf out of headroom for any company.
To suggest otherwise is bizarre.
So you seriously think any company would lend money and say if you don’t want pay it back then you can choose the share price we will have to buy at?

Don’t forget the funding owed by our partner thAt can be used for payback as well.
Ffs. What do people expect!

Sorry total lie the msp is the lowest closing price for 3 days. Why does this have to be at a discount? It’s simply the same price as the private investors could have paid. Indeed they can likely buy at any Intraday low for those 3 days.
6 months has been allowed so that income from r1,2 from 101-102-103 can be used to prevent conversion.
Essentially if r1-2 on 103 has. 10-15m net pay zone the conversion won’t happen.
Sorry total lie.

If you can guarantee good news then it’s just a statement that the market will already have priced in. There is no such thing as a sure thing on aim. Therefore everytime you release bad news prior good the good will be a bit uncertain.

Also I hope folks realise that even if the clns are converted and I doubt they will be, they are not issued at a discount to the sp. hence they are simply buying on the open market at open market prices.
Death spiral cln is one with a discount, warrants, min monthly converting amounts and or long spot price averages ie 4 weeks prior issue sp. none of which apply to this rns.
Folks really don’t understand this rns.

One of the golden rules of aim.
Don’t release good news and then bad news as the bad news will always drag down the share price and partially negate the good news.
Always always get the bad out the way first and then release the good. It’s been the case for years.

Anybody that says they should have waited is simply playing games.
It allows investors to buy in on 103 results whilst still having the carrot of a fully funded future jam drill.
Equally the drill owners will want surety of future before this well finishes.

Another case of private investors expected the mystical money tree to finance operations.

One of the golden rules of aim.
Don’t release good news and then bad news as the bad news will always drag down the share price and partially negate the good news.
Always always get the bad out the way first and then release the good. It’s been the case for years.

Anybody that says they should have waited is simply playing games.
It allows investors to buy in on 103 results whilst still having the carrot of a fully funded future jam drill.
Equally the drill owners will want surety of future before this well finishes.

Another case of private investors expected the mystical money tree to finance operations.

A deliberate misrepresentation of the rns.
The funds are debt that CAN be drawn IF needed. They don’t have to be paid back until 6 months after and then only in instalments. Only after 6 months can they be converted to shares.
So no new shares for this until at least April even in a worse case scenario and then only at April’s share price.
This is simply a bods insurance policy so that holders have a 2nd drill to look forward to. Given bopd output shares would anyway be unlikely.

Over 500 pounds today. Slow is one thing but this was borriiingggg..

H1 is really the key for the euro battery alliance.
https://www.keliber.fi/site/assets/files/1799/keliber_dfs_executive_summary_14june2018_id_12165.pdf
The above is currently the only euro lithium provider designated for it. But with a 5 year payback it’s vastly inferior to us. The existing downstream alliance members might well want a better bigger partner.
The fs looks to be very well timed.
Finland is def. the wrong horse to back in this race.

Folks need to realise that the sp doesn’t matter at the moment.
If you’ve not invested in Sav until at least q2 2019, if not 2021 then your a fool and deserve to lose money on any pseudo share drop.
They certainly don’t need to fund raise anytime soon so who cares.
An sp fall is good if you want more shares.

Nope don’t believe stories. Bcn’s biggest issue was always its bod and some bad decisions in the past that I highlighted. I thought with new bod members it might be different. They were fantastic with the bonds but had a total brain failure to go for a 48hr accelerated book build without either strong commitments or a plan b.
To be honest the market conditions should have been known, its what its advisors were being paid big bucks to advise on.
I stuck with it even after that until it became obvious there was no plan b and even worse, if that’s possible, they did nothing to prevent the sp fall.
CEO and cfo should resign.
It’s a lesson though. Things can and do go wrong.
For Sav, Oman might not get off the ground, Rio might pull out of moz. We might have long lost legal challenges to our licenses or environment protests.
Nothing is ever guaranteed. Unfortunately.
If it were we wouldn’t have risk/reward, just reward and everybody would be doing it.

The rns has a lower figure for kdnc than the website currently and also a lower figure than D A than the website.
Re the OE estate what we don’t know is whether the shares have been put into seperate but still controlled trusts, maybe for the younger family members etc.
Tbh this is a really strange rns when the company should be spending its time and effort on advancing the project and accounting for a 70% loss in the sp.

Unless of course this is because they are expecting an offer for the company and want to find out who owns what.....

Could be wrong but these are jv partners we all ready have.
I do think that David is putting the flesh in the country to show intent.