Member Info for tropicalblast

The mine is still in both a European (the continent) Country and a Country in the EU (the 'Political' Union), so not sure what SAV being a UK Company has anything to do with accepting an offer.

I disagree on many hurdles, compared to where we've come in the last many years. When it comes to partners the hurdle here is selecting the right one from a wide choice, we're not short of companies lining up to deal with SAV.

To get to Mine construction will have hurdles, but remember SAV does have a mining license and now the EIA, which are two major hurdles we've overcome.

Many items can give the SP a boost, a take-over is not one I'm interested in at present. A takeover can come once the SP has reached a realistic price.

Or no longer manipulated and genuine move upwards, we all know that this share is seriously undervalued. Only about 12 weeks off until end of year, with much news meant to come in that time. Resource updates and commercial short listing. Both these could be a rocket to the SP (though us LTH's know that big news normally means minor SP rise and no news equals major SP fall)

If we have dills on-site, we need to start getting some resource updates out to the market ASAP. Given where we are in the project, the market needs to be reminded exactly what we're looking at here. Serious amount of EU needed Li sitting in the ground. Periods of non-news just draws on people and they seem to get bored and sell up. Resource updates would help in reminding investors what is at stake.

I have totally sympathy for the locals, but I wonder what cost this will come at. Do they think by retaining the farms for what is an ageing and reducing population is best in the long term, for the local area, the country, etc.

All the same arguments remain the same, without MdB Portugal has no Li mines in the future, with no Portugal Li there are no EU produced Li batteries, without EU Li Batteries these is no EU EV car production. ICE cars will then get retained for longer, post 2035.

Surely working with APA, SAV, etc to extract as many reductions in impact (such as the new bypass, the limitations on water use, etc) and getting the money for investment in the local community has got to be a better use of time and yield better results.

If MdB progressed now, by mid 30's most mining will be done, the regeneration in progress and local community will be well financed and modern , attracting many new people and businesses to the area.

Nothing new but does give some context on the size of growth we should see in the Market Cap/SP

https://executivedigest.sapo.pt/noticias/apetite-mundial-pelo-litio-portugues-faz-aumentar-investimentos/

I agree that presentations won't lift the SP, but don't agree that News won't help and that only an offer can lift the SP.

There's much news that would help, firsrtly Resource Updates will be a big item to help the SP. Then there's the offtake/JV/Financing discussions, these don't have to lead to an offer but having a short list (which is being indicated as happening before Year End) will show exactly who we're talking to. Knowing this will give you an idea if they would want a JV, just the Li, the whole of SAV or maybe even just mining royalties.

The updated Scope Study can out in June, see website for details. I would say key updates for 2023 to come are;

- Late-Sept through to EOY - Resource Updates (both an increase overall and then change of status from inferred)

- By EOY - Results of 1st rounds in selecting a few companies looking for Offtake, JV, Royalty purchase, etc agreement to progress to final round.

My reason for thinking that a final partner will not be decided this year, is that the SAV have no need to make a final agreement yet, can still keep all options open for time being.

Spot on, it's 10% what it really is worth overall and probably about 25/30% what it should be worth at this stage in the development cycle. It's just an unloved stock at this point, but when time comes I honestly see it reaching true value.

Let's not forget all these numbers are based on 5 year old drilling numbers, what will be the case come an increase in resource?

Could just be a sense that there will be now not be any quick takeover offer accepted by SAV. Why would SAV appoint a CEO if being brought in a few months time?

Which should be good news for SAV LTHs, as it would mean Emanuel can get SAV to the 0.3 - 0.5 of NPV valuations we should be really be at before any offer is even considered.

I hope SAV are looking at something like this as a to further enhance the Green status of MdB.

https://www.youtube.com/watch?v=6TxMeHRq1mk

IMHO any deal will have to be close to the 20p Dale mentioned just a few weeks ago at a minimum. Given the large SP movements (normally downwards) on minimum trading volumes, it's not like Aethel Mining could start to pick up shares on the open market cheaply to build up any significant stake without the SP rocketing.

So maybe best for them to speak direct to Dale, get some insight on the upcoming drilling expectations and get in at 20p ish whilst still possible. Even at £365M (at 20p a share) and £190M for Capex (Pre any EU Grants), so SAV to get mining at £555M that's still a steal. Especially when you take into account the resource increases to come.

At least with being a Private Company it will likely be a cash offer and not share based. I would also hope the talk would draw others out into the open, let's hope Dale has a good poker face and will not play all his cards at once.

TC.....you liked the Elon lunch question. I couldn't resit asking it :-)

Glad Dale saw funny side to it and didn't dismiss Tesla as being an option.

Have to say wasn't expecting to have 40-50 interest parties, that must give us significant bargaining power in who we partner with.

Correction 27 months old (April 2021) :-)

Just one problem on the Article, it's 15 months old. It states; Matos Fernandes confirmed that a bid by U.K.-based commodities group Savannah Resources to develop the 680-hectare Barroso mine project near the village of Boticas is now undergoing a public consultation of its environmental impact study.

This was the first submission/public consultation. Since then we all know what's happened and EIA is approved (with conditions) and we've moved into the net phase RECAPE, etc.

My own thoughts are that many of the Yahoo finance (and SimplyWallSt that sits behind this) articles are just AI generated articles based on reading basic financial numbers, that are then made to look like someone has done a detailed review of the company, etc.

Many times they're just standard templates with numbers filled into the template as required. I bit like an old fashion Word 'Merge' document where it read details from Excel or similar for certain fields. Just google 'yahoo finance Cash Burn Rate' and you will see very similar worded articles for many companies.

Just my opinion on Yahoo Finance others may think differently.

Totally agree, it will be a wait and see period. Company is not going to say anything until it's a done deal, don't even expect them to say possible names until into a period of due diligence.

What it does show is all the various opportunities available and that the companies being mentioned have deep pockets, to help with the CAPEX.

If true...could be another possible customer for MdB.

https://www.theportugalnews.com/news/2023-06-30/portugal-favourite-for-tesla-gigafactory/79077

The mid price is actually just about up, was 4.75 mid on close (4.6 - 4.9) and now 4.80 mid (4.6 - 5). A large gap though in the bid/offer price, that needs closing.

If peer group is 0.3 NPV, then the attraction of buying at 5p, is that they should be priced about 15p. They are only trading at about 10% NPV.

Thanks MM....some fair points. I appreciate other companies maybe offer better short term gains and are further along.

I was just trying compare SAV 2018 versus SAV 2023, so the last Scope Study, one a like for like basis. So same company, same needs, same timeframes to production. But with now better numbers and less to achieve.

If a 1/3 of NPV8 was good enough in 2018, then why be trading at about 1/9th NPV8 now?

I expect you're right on all these and it will just be longer now until the SP reflects the fall opportunity for SAV, though to not be in the game when that happens is a big risk IMHO.