Member Info for theiceberg

So as well as a major 1bn resources in Africa with Rio we now have another different 1bn resources in Europe. Is this a secret game to get a 1bn+ resource in each continent producing? Cracking rns. I like the noa target small high grade and highly profitable. The kind of small target Sav likes to get this started for an absurdly quick pay back.

Mozambique has a 226m dollar capex split with Rio. Savannah resources capex spend is covered by a loan from Rio re offtake with payback of 18 months - 2 years. Planned product 2020. Rio consider the capex favourably go no go 2019 decision. Sorry just needed to store this somewhere.

The annual results next 6 working days. I believe more still results prior to the jorc in the news few weeks. Just as min. The annual results will give an update on each project so should be interesting.

if anybody is really sleepless, then this is a vaguely interesting presentation from srk. It's for gold mining, but many of the issues, factors have cross over with lithium and copper (both low % concentration ore i.e .5%-3% ish.) https://www.srk.com/sites/default/files/file/GPoxleitner_OperatingCostEstimationForMiners_2016.pdf

Ukog is everything wrong with aim. Corrupt company, corrupt people involved ie lenigas, corrupt nomad. The company and those involved should be jailed and disbanded. Opposite end to the spectrum of Sav.

Just checking my mails and noticed this in my inbox at 14.58. If it�s gone out to all their clients then at least it�s trying to get Sav noticed. Despite their targets being pencilled by a toddler. I sense a few funs and games by the mms today. Anyone what to take a

I use to work for bar cap, so am not surprised it�s probably a mistake. Barclays was a book runner for savp earlier in the month. Despite the Chinese walls etc it looks like Barcap are helping them out. All over the internet though they have put sav as the stock with a 500% target price increase. Even Hl have then down as a new broker note. Good coverage if nothing else.

Far happier not to have doc and his pump and dump crew on here they have been here done that and can hopefully be forgotten.

Icebergshares@gmail.com

If we continue this it�s just the first sleep of a long exciting holiday. I think this is just the first shot of a machine gun re news. We know that a final results rns will be soon. In the next two weeks a diamond drill start rns. In the next 6 weeks a Jorc rns. Before that more lithium results. We�ve got Oman license approval rns. Oman production plans. Commerciality scopes for copper, mineral and lithium. Not to mention any surprise expansions such as Oman. So at least 4-5 rns over the next six weeks potentialy 10 or so. The market will tend to add value to those results when real discounted figures are produced, or a market value is inferred thru partnership, buy in or uptake. I don�t really I stand though why folks would want to sell prior to the news flow. Each to their own. Now back to sleep.

Forgot to add also impressive is the continuing extension of the easy to reach near surface mineralisation away from the known peg. It looks to have doubled in size with more drilling to come and diamond drilling at depth. Anyway from a x2 to x4 expansion maybe when the JORC comes in the next few weeks

The drilling is taking a detailed 25-30m grid system ideal for good quality JORC numbers, given that the grades are very good, considerable depth to the mineral structure, superb grades near surface making revenue at start of prod and very low mine development time. Just like with Oman it will be a star shaped structure with central processing and sat development areas.

were investor options from 2013 that expired on the 31st jan 2018 Sav received notification very end of jan but it took a week to go through. All the rest of the warrants had been exercised.

It's certainly tight as to whether they appeal or not, 50/50 imho. The dissenting voice of Marc Lalonde gives them a fighting chance to say that tercier made a mistake excluding something. Lalondes Disent is on the key issue of stage 1 failure and inability to go to stage 2 I.e the inability to make agf the 250-400k of mega potential. It's clear that this was the reason for mr harts call back. It's also likely that mr terrcier didn't find the same as Lalonde due to some excluded evidence. Appeal must look very tempting given Lalonde decision would have been 250m+

For mr gibbons his wife's going to give him hell over this.. To be serious we don't know the ownership rights of the assets I've never got a firm answer from Oxus and never have been able to find our through research. I know that the Uzbek courts have been on ther verge of declaring the partnership bankrupt. It might just be that the assets are sold very cheaply to Uzbek/Russian interests at virtual gun point for a few million. Unless their are some unforeseen developments an sp of between 0.5p and 1.5p seems likely.

A deserting opinion , but never thought it would have been Marc.. Like others have said a shame but it's always been described as a gamble. Annoying end to the year, but tbh it's the last higher risk share I am invested in and glad it's over one way or another. Hope everyone has a good Christmas and I'll be back when the actual decision paper is available on line.

is far more complicated imho. It covers nearly 10 years of practice by the uzbeks of anti oxus involvement. It covers 2 different arbitration cases (they were merged into this one case). It covers 10-15 different points, it covers multi metals and multiple states of development. I'd imagine that the same amount of points have been raised by the uzbeks as well. Each point needs to be gone through, looking at past case law, argued over, with 3 judges across the world, who spend most of their day jobs teaching, who have to communicate very formally, who all have different opinions, who have maybe 4 or 5 other cases on going. Each point could well have 100-300 pages of evidence from both sides backing things up. A bloody nightmare tbh, let them take as long as they like.

You need to get an understanding of the project. Pre 2010 it was very much in its exploration/small production phase. The plan was always to ramp up production upto 200,300K oz's by today. Prior to 2011 OXUS were using previously mined material as a revenue generator, with the plan in 2011 to start the mining "proper", hence the 50K oz target for 2011. This is from memory, as I am at work atm, but hope its right and it helps.

No probs they get nicked all the time. Some like directors talk provide a link or acknowledgement some just take the whole content. Not much i can do about it. Its all free anyway so i am not losing out

http://icebergshares.blogspot.co.uk/2015/02/oxs-whats-being-arbitrated-over.html And interestingly enough I've had nearly 400 views from Russian in the past week, normally I get between 1 and 10 a week from Russia.