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Great interview from Emanuel.

Main takeaways.

1) Savannah ahead of European competition on approvals and production date.

2) Shortages in 2027 of spodumene will coincide with production.

3) Initial 200,000 tons approved for mining and identified. **

4) EU/Government's likely to help with finance as China is ahead in the market.

5) Quartz/Ceramics supply will further boost income.

**Moving into Q2, market sources expect spodumene prices to be in the range of $1,100-$1,200/mt = £200,000,000 income for Savannah.

BubblePoint - negative again :-(

Did you listen to the interview all the way through?

Krzysztof Zielicki clearly states (4:20 minutes)

"we are just doing a turn around, which was scheduled, and we will be back in production this week and we'll see some increases in production as a result of that!

No one should get too hung up on the 35% stake. The initial take is only 10%. It's pretty common that African countries take 30% tax on mining so nothing exceptional here. Remember we have lots of gold with open pit mind.

Additionally Lionhead Capital have a reputation of selling at a good profit once resource is defined and before mining starts.

Great news. Lots more Lithium from three separate areas. More drill assay's to come DFS progressing,

"The technical team and I are expecting another busy period during the second half of year as we look to move forward with all our key deliverables and begin to work more closely with AMG on technical matters, as well as the highly experienced consultants we are using for the Project's DFS, remaining environmental licencing work, and the associated access road."

Great news and all in East Senegal.

Bert Monro, Chief Executive Officer of Cora, commented, "Up until this point Madina Foulbé has been largely untested, so with six of our ten high priority targets confirming gold mineralisation, we are pleased with the results received from what was a first pass reconnaissance programme. We have been able to identify multiple broad zones with elevated gold and some economic intercepts, including 10m @ 4.41 g.t Au, with over half the holes ending in mineralisation from a shallow programme designed to test a wider area. This gives us good confidence that, with further exploration, we could define resources in the future.

"In support of this, the Project is close to several operating mines and is serviced by excellent infrastructure within a mining friendly jurisdiction. We now look forward to receiving the additional ICP-MS analysis results from which we will then look to plan our next development steps."

• Drilling phase 2 (remaining assays to come from phase 1)

• Further resource upgrades (from Q3 2024)

• DFS (by the end of 2024)

• Environmental Licencing (Completed soon after DFS finalised)

The DFS could see Sav reaching the magical 50MT.

The events suggest that the Company is trying to keep the share price down pending sale.

1. When it appeared DFS was published and the share shot up the company issued RNS

2. When rumours of sale started yesterday the company issue a suspension notice

3. Suspension not immediate, allowing sellers to get out - most strange!

EBITDA indicates how well the company is managing its day-to-day operations, including its core expenses such as the cost of goods sold. As such, it is a very fair indicator of a business's current state and potential. In some cases, it is much fairer than either gross profit or net income.

Additionally, the current Hedge has reduced by around 20% from June onwards (the second half of this year) and is due to end by June 2025.

Seems very odd the drop just before shareholders meeting at 4:00pm. The news will be all positive, are the mm's doing a last minute shake?

Likely as they said DFS 3Q - starts next week. Have AMS got advanced view?

Great work by the Savannah team. AMG critical materials a big player.

- 527m market cap revenue (euro)1262m revenue(US)

- already has mine(Brazil) and refinery(Germany)

- supplies motor and storage industry

- away at 35% premium

- agreed offtake at will be at market rate

- majority of product left to sell at market rate or additional partner

HITS we know the hedge drops in June because Richard CEO said soin the interview. Did you watch it?

Another 5.5% this week, 13.5% on month and 85% on year. This is going to fly DFS.

So 50 barrels a day 365 is around £1 million in income. On top of that the hedge drops again 30th June. The income from gas and oil looking very good. MCAP of Angus is looking extremely low.

Yes, there are several strategic reasons why a company might issue a Regulatory News Service (RNS) announcement that could potentially stop a share price rally:

Overvaluation Concerns: If the company believes its share price is rising too quickly and may become overvalued, an RNS might be issued to provide additional information that could temper investor enthusiasm and bring the share price to a more sustainable level.

Clarification of Information: To correct misinformation or overly optimistic speculation that has affected the share price, a company might issue an RNS to provide accurate and detailed information.

Regulatory Compliance: Companies are required to disclose material information promptly. If such information is expected to have a negative impact on the share price, the company must still disclose it, even if it halts a rally.

Insider Trading Prevention: To prevent insider trading, a company may release an RNS to ensure all market participants have access to the same information, especially if certain individuals within the company are aware of material events that the public isn’t.

Market Stability: To maintain market stability, a company might issue an RNS to prevent unsustainable share price movements that could lead to significant volatility.

It’s important to note that the decision to issue an RNS is complex and based on a variety of factors, including legal advice, market conditions, and the company’s long-term strategy. The timing and content of such announcements are carefully considered to ensure compliance with market regulations and to protect the interests of all stakeholders.

As pointed out no word from BOD when we had dramatic fall. As soon as a small rise happens BOD issue dampener - any clues why?

Well we are up 65% YTD!

Brockham should be a steady income of around £500k per year.

Production on the up. Just posted on Angus investor questions - when are the next investor questions ;-)

Grupo Lusiaves SGPS has green credentials, 20,000 photovoltaic panels, -19000T of CO2.

Quiet a big group 5,000 people; 20 companies; turn over 400m euro.