Member Info for Wolster69

IB -31st on my calendar.....but I take your point !

SAV do tend to work to end of any stated period so 31st would not surprise, even to announce a delay with it (God forbid).

IB - I guess this local community are so insular that they've only ever thought about their own ancient lifestyle and not about anything for the benefit of Portugal as a whole like the mine will offer.

Hopefully this challenge will be sorted by 23rd June or so, in line with previous similar action regarding 1st land easements, and SAV can then crack on and begin issuing the positive newsflow we are all waiting for as they work towards construction and operation phases over next couple of years.

IB - I'll have a large one of them too please !

A positive DFS on time by end of June would do me for now and hopefully give us a little sp boost again, into the 8's and maybe 9's would nice.

IB - fair point....carry on at rapid pace SAV until govt say otherwise !

I would have thought SAV are obliged to tell shareholders of such action via RNS and explain what's happening as it has potential to impact sp and investment decisions.

CGH1984 - yes. Zinnwald and SAV are like chalk and cheese with SAV in an immensely stronger position.

A run of all buys showing on LSE trades here but sp dropped from 7.1 to 6.9 during that buying run....not normal at all. Hate all the weirdness that goes on with sp of SAV.

Would not be impressed at the sp being instantly halved to help finance the mine ! Hopefully take-off agreements and alike will be used instead to provide such funding, using reasonable forecast spodumene prices and not giving it away at current prices.

Kentan - future funding is not secure. Grant is contingent and far short of construction cost which still needs to be financed. We may seem close but still a lot of major hurdles to clear ahead.

IB - my understanding was SAV said they didn't need 2nd easements for DFS so would follow up afterwards. Not read RNS today in detail yet but a scan over sounded to me like concerns mostly over water use. That concerns me a bit as that was a major objection from years ago that was addressed I thought, so to now be delaying things to look more closely into environmental compliance regarding water at this relatively late stage is a tad worrying. I'm hoping it is just to ensure absolutely stone is left unturned to avoid rejection of RECAPE rather than any potentially serious issue. We can but wait and see.

Post FID I'd hope sp will be over 20p.

"Youll need a bigger boat once 2.30pm arrives and the Yanks get on board to blast through the 8p resistance today" !?!?? 🤣

If we end up sub 6p again then it's going to be tempting to load up even more for the multitude of positive newsflows SAV should be issuing over next year or two.

Understandable bit of PI short-term trader profit-taking going on but hopefully not too long to draft down before the next release of positive news to push us further up towards the magic 10p and beyond 🤞

IB - now the analogy sounds far better.....although I don't think much of the current pub's name of The Backward Step.....I'm off to find The Rocket for a very long session !

IB - not sure I like that analogy where you always end up back where you started ?!!

Chuffed at the sp action but disgusted that this news has been withheld for a fortnight to let insiders obtain shares at lower levels. Such blatant market abuse needs to be penalised heavily by the relevant powers.

All bodes well then for when a significant bit of positive news is released !