Member Info for theiceberg

It was def about all shares and not just Sav. They did a lot of questionable things and many completely illegal including making out of advisory share sales. IT looks like they would gather shares when low. Dark pool then. Then ring round saying to folks to buy them. When they acted as broker they would then push the shares up etc thru research notes. I have no evidence that anything underhand happened with Sav. However I did get phone calls from them. I haven�t invested anything with them for a few years now. A holding of 1.5m shares is peanuts and impossible to track imho.

Had an email today from beauforts administrators saying they have a lot of assets to sell and have. Problem that a lot of it is illiquid and is taking a while to sell off. I think it�s a fair chance that this is the pool of dark liquidity. The fsa should make it clear the size of positions imho. Regardless it�s totally out of the hands of the bod and investors. I have no doubt that Beaufort has positions on shares regardless of Whether they acted as a broker or not. That�s aim for you. Maybe a chance to top uk cheaply.

Apparently they looked at over 70 company making projects before deciding that the smaller, inferior license area to our Jv was the one for them.

I think they do such a cracking job and that their geo team is world class. 3 fantastic 3 fantastic strategically significant resources. Hopefully by the end of the year we will have 2 of them in a go state with their economics on display and one of them making money. Like a few I am a little curious about his dark pool of shares that the mms seem to be tapping into but assume it�s beaufort related.

It was actually this comment �All holes completed in the area to date have intersected significant mineralisation with recent results pointing towards the potential for the zone to be of higher grade than the current Grandao Mineral Resource.� If the current jorc for the normal Grandao is 5mt then the new sw mineralisation must be greater than 5mt in addition to it. That is an amazing comment from a normally cautious David.

Trisse I�ve read recommended you post. I think your right to say that we don�t want to get disappointed. However I am not sure it�s stupid to try and speculate when the company has just released an rns saying that it�s found a new mineralisation which they think is larger than even their current largest jorc and they want to continue drilling it. You can�t ignore that kind of comment and leave it for the rest of the year. ! The scoping can kind of leave it out but if anybody is sniffing around, as a strategic partner as per David, willing to finance as an offtake etc then a new bigger than ever resource is certainly going to raise the game.

its good to be conservative. However the latest rns clearly indicates/says that the new mineralisation to the sw of grandao is greater than the current jorc. This would indicate greater than 5mt. They were expecting grandao to be bigger anyway when they released the 5mt jorc . All the long length holes to the sw were drilled after this, so its safe to assume the new mineralisation will be greater than 5mt, considerably if hes prepared to say this early on. Drill holes 66, 67 etc are all to the sw looking to extend this new mineralisation. We need to see howm uch drilling is done this year, but i honestly do think that a jorc of 7mt old grandao and 10-12mt new grandao is realistic. agree with eur, this will fall into the 90% of aim exploration targets that never reach production. Re scoping, tbh new resource is kind of irrelavent. Even the biggest spodumene mine in the world only produces around 1mt a year (from memory), so we will be nothing close to that, we have enough lithium for many years anyway. All we want really is as much high grade, surface consistent lithium as possible for an early payback. imho grandao 2 might well fall into this category, considering its location.

She already owns lots of those as she�s a trustee of the fund. :) I�ve been comparing the results to the top 10 or so spodumene deposits worldwide. Obviously green fields is bigger but it compares very well indeed and should fit right in their as a top 10 spodumene world class deposit.

I�ve not been around today as it�s my wife�s birthday, so apart from a quick 20 mins this morning this is the first chance to look a bit more in-depth. This is a stunning set of results. The new Grandeo extension is big, as David says this new deposit is bigger than the current jorc for grandeo. It could well be 200% bigger. Holes such as 65 had not even been drilled when David announced the 200% increase and the possible new 20m target jorc. The 90+m of li resource was not drilled to resource end depth hence the need for deeper diamond drilling. Taking all this into account the new Grandeo deposit should have a jorc separate of 15-20m. Grandeo original a further 10m. The additional resource areas such as reser. Noa. Should give a further 10m. In total a safe 40m jorc looks likely this year. There is undoubtedly further discovery areas to be made and further extensions a few folks might be disappointed about the so reaction. However until the npv. Iir etc are made public this will fly under the radar. Once this is formally announced an explosion should occur to well over 100m mcap. This is the best rns of the year so far.

No tbh. It�s out of the ballpark. I was expect 40-50m and would have been happy with that. 100m is just wow. Being at surface it�s essentially a low cost money creator. Every lithium explorer on the planet would wish for this. They have already done the metal so we know it produces good high quality battery lithium. I don�t think this Includes the diamond drilling results, so 25-30m+ very likely. But the cheapness and ease of extraction is what strikes me.

I was honest speechless when I saw the headline of nearly 100m from surface. That not just good or fantastic but world class. Incredible. It totally blows all models up to now out of the water.

Good morning really. MMS doing the predictable and lowering the price down to the placing on the bid. But they didn�t realise the placing holders are all lth and all they have really done is sell getting on for 1m shares quite cheaply. Not much left. My broker said none just now and so the price will rise back up. If David has been holding back the tasty news so that it won�t be sold into on anticipation of a fund raising then he�s played it very well indeed. The no charges from broker bit. I totally missed. That�s incredibly good. I�ve seen charges upwards of 25% with warrants that they will sell. That we don�t have this is fantastic.

A fund raise had to be announced prior the results and to take us to production. With a bit of luck this was it. A little cheaper than I would liked I would have preferred 5.8 but we are only talking a small percent. No warrants which is good and the big holders all taking massive advantage. Including trisse. Now just like the last placing we can rise 20-30% and get the news out.

A year ago you topped up at around 5p. You could have sold anytime you like pretty much in the last few months for a nice 25%, with a top up mr archer could have made you more money than almost any expensive fund manager.

A year ago you topped up at around 5p. You could have sold anytime you like pretty much in the last few months for a nice 25%, with a top up mr archer could have made you more money than almost any expensive fund manager.

If you do find this is a fantastic top European resource then you have to pay a bit more. Quite normal and fully expected if folks read the rns.

OR I could be typing on an iPhone and am doing several things at the same time. Do the poor people of Oman not have a good enough grasp of English for you. I am not asking you to take any lessons just stop with the trolling.

Your a troll. Pure and simple I am afraid. All you�ve really come up with is some racist comments that the whole of Oman is corrupt. Youve posted on no other shares except Sav and only then to complain about every announcement and every project. Nobody has ever said anything about zero risk guaranteed etc hence why I have decent amount ready to invest if the share price did decline markedly. You�ve even had offers to buy your shares. If you don�t think your a troll I would strongly suggest looking up the definition. Every single explorer on aim borrows to get to the stage of production. We have tried to find the magic money fairies but unfortunately labour have them all locked away in a secret vault.

Actually I didn�t really realise that we had a license to mine 7m tonnes. I knew we had a small extraction license but assumes it was more in the region of 100-500k tonnes. Increasing it from 7m should be really easy. 7m is also more than enough for several years so plenty of time. I am really impressed David got this project from slipstream with such a license and over 1bn of resources. It was a bit of a steal and should easily attract a strategic partner.

So as well as not liking moz and Oman now you don�t like Portugal. Your comments are getting steadily worse though, if that�s possible, you do realise the value of 7m t of ore? Also you do realise that legally this statement has to be included at this stage? Probably no on both accounts but research has never been your strong point. The clear indication in the presentation that�ll we will have a strategic partner in the next qtr is fantastic. We can only imagine what form this might take and how much value they will add. Can�t wait to find out. Considering we are the only minor explorer on aim to team up with Rio Tinto I am expecting big things mr archer. :)