Member Info for theiceberg

About Mozambique. The aim for this qtr is �Mozambique � progress PFS and receive approval for mining lease applications� A long journey but the partnership with RIo Tinto looks like it�s progressing well and approval will be a very nice solid step forward. More news for the coming weeks.

Yes we are very much two different people in the same queue waiting for the booth to open and walk in side.

Accumulations 250k x2. Re alara. It�s in a very weak position. It has debt in the forms of loans. It has a small mcap. Larger capex. Larger lead time to production or may 2019 imho rather than savs sept/Oct 2018.

Very much so. I was going to mention volume. It�s actually higher than Friday. Yet the share is still up. A very good sign of supported rises. A high volume with a 5-10% decline would indicate a simple peak and fall. Low volume would indicate a fall coming if no news. However the higher volume and rise should mean some hefty accumulations. Very good day. Can�t wait for the news over this week and next.

to find a price. Buy at 8.5 but nothing really available, sell up to 8.31 for 250k of shares. I might brag and say how happy i am that i topped up the 5.2 to 5.5 range a few weeks ago :) 10p must be in sight today you would have thought.

Relaxed atmosphere. Scoping study next week for Portugal. Oman news for alara tomorrow morning. News for us all over the place. Still undervalued. Still happy shareholders. Chillin.

That pushed this into the mid 7s at least not per se. It was the large buys. The mms clients have obviously decided to pay to obtain shares. The mms didn�t/couldn�t trap the shares in the 6s in order to harvest. The news gave the smaller investors a reason to buy but without the larger buys the mms would probably have kept it down to around 7. Hope folks noticed as well that the seller be it Beaufort/darkpooling etc was either finished or thought better. A market cap potential is damn difficult to predict. An Aussie lithium future producer might be valued at 100-150m. A team up with Rio to partner a billion dollar project could be 20-50m. A highly profitable copper producer could be another 45-90m.

I am not sure i agree that oman is small. Its whatever size we want it to be. At the moment we want it small and high grade to minimise capex and get max profit. Oman does this perfectly. There are plenty of areas we've drilled that have lots of potential to achieve the exploration target of millions of tonnes of copper. Over the years we can achieve this. However for the next few years I am more than happy to process lots of money into sav's coffers.

7.3 to sell 7.5 to buy Mms gradually take it up

a little pis take ery. Over 2 hrs of trading time now and we've only had electronic none NT buying for a small amount of that.

I would have thought the main reason will be to stop buys under the automatic quote system to give them control. Starve the share and then they might encourage sells. if that doesnt work then move up and try again. To be fair they are trying to get an orderly market, but they don't know what price the market is trying to determine, as they dont know the news that might be incoming and by and large the mms sitting at their desks will be junior mms with maybe 2 years experience.

I've got 4 different brokers. HL, Barcap(barclays stockbrokers), TD and CI MM's must be pretty annoyed, nicely collecting shares for clients in a tight range and BANG. Do they contact the clients to raise the range or just buy.

7.4p to buy

to sell now, so just the mms playing games to try and get shares. Significant movement today.

possibly or just more games...they seem to have been caught on the hop here and they hate that.

Just got a quote 6.72 to sell and 6.9 to buy.

I asked David a couple of months ago how long the Pam took once all signatures have been obtained. His dry reply as ask Pam. So I did and my impression was they will do it as quickly as possibly. Two new international companies mining copper is a big thing for Oman.

I�d didn�t get round to the second page until I read it a second time :) not enough cofffee yet. I don�t think it will be a simple Pam decision. But alara maybe want to package news so they release Pam approval mine economics, timeline and funding. Sav can either wait and see or issue there own rns. Not sure which they will do. Should be lots of Oman news though for Sav in the coming few weeks,all positive as well as our explosive scoping study.

Def Pam approval but also possibly funding imho which will obviously be dependent on Pam approval. Fair chance they will give the go for us as well, if not then likely very very shortly. That Omani newspaper article seems to have been very accurate.

Have announced a trading holt overnight pending big news. It�s a fair bet it will be positive and a fair bet it will be positive for Sav as well. Should be either poss funding or Pam approval.