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Share Name Share Symbol Market Type Share ISIN Share Description
Savannah Petroleum Plc LSE:SAVP London Ordinary Share GB00BP41S218 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 8.90 8.16 8.98 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -19.3 -2.4 - 78

Savannah Petroleum Share Discussion Threads

Showing 6301 to 6322 of 6475 messages
Chat Pages: 259  258  257  256  255  254  253  252  251  250  249  248  Older
DateSubjectAuthorDiscuss
19/2/2020
14:09
How can you report to the market what is not there? The CPR was due Q1, it may be with Savp now but they need to review etc for final draft. If they are in neg with JV partner nothing can be communicated.
stockport loser
19/2/2020
13:00
Volumes are pathetic here now, so the relentless drift downwards can happen just with a few PIs giving up. And no new money will flow in until the BOD start to inform the market once again of the current situation and definitive growth plans for Niger in particular.
divmad
19/2/2020
12:34
One recent ambiguity is the RNS regarding the renewal of the revolving loan facility for a paltry $11m at a heavy coupon price (7.5%). Why is this sh?tty little loan needed when we supposedly have all this lovely cash flow now. They need to explain. As pointed out in an earlier post what is the status on the special dividend? Nothing, quiet. Is it because they don't have the cash. I don't want it, I'd prefer that money went into the business. But why no comment at all?
canigou2
19/2/2020
12:28
I don't have to look, I do not control the share price. The performance since the RTO is shown in the share price. It is the BOD's job to support the share price, by providing this information in a timely and clear manner, so the market understands without any ambiguities. They are not doing their job well. This needs to change!
canigou2
19/2/2020
12:15
you need to look at the brokers analysis on the company website, cash flows, expected debt repayment, production forecast are all there. Unless we get a RNS telling us otherwise all this will happen, and value will out. The biggest danger here is timelines, its hard for us all. But its good to look at potential negatives, geo political will always be there and when you have a high % of iis you run the risk of one selling
stockport loser
19/2/2020
11:34
I have bought back in here over the past week. Just have to trust that sentiment will return. The mainstream media are busy deluding people that hydrocarbons will be replaced by windmills and solar panels. Good luck with that one.
honestmarty
19/2/2020
11:29
Thanks for the update Zengas, it is really appreciated. Consistently excellent. But we want to hear all of this from Savannah! If you are right, then SAVP will be confirmed as undervalued and the share price will appreciate, which is ultimately why we are all here. :)
canigou2
19/2/2020
09:37
I'm sure when the Niger JV is announced all will be forgiven. These African projects are never straight forward (if they were we wouldn't get this opportunity) but you have to think about the current cash flowing assets and partnerships with AIIM and the Sahara group. The company is on a solid footing with all the upside of Niger for free at the current valuation.
andyforster1
19/2/2020
07:44
Yes, Empire building doesn't work.
ngms27
19/2/2020
05:48
Does anyone have a good argument as to why Savp hasn't updated the market on a timely basis about the key corporate drivers, Seven E free cash flow generation and the Niger CPR?
divmad
18/2/2020
08:50
With the 7e assets Savannah purchased approx. 1/2 billion USD of debt. We need to hear that this can be serviced along with a realistic plan for growth.... and soon! C'mon Mr Knott, where is your promised regular newsflow. Poor.
canigou2
16/2/2020
16:31
The only possible downside I can see from this, apart from delaying Savp's development plans in Niger, is if the proposed greater involvement of the Niger state apparatus in the domestic oil industry comes at the expense of existing private sector operators.
divmad
15/2/2020
16:34
Re Savp EITI tweet - Delved a bit deeper into the possible significance of this on the EITI website. Some important points here re Niger/lack of news from Savp - may be down to Niger. $4b in Oil/Gas sector expected over next 2 years - Who and where from other than $2.8b from CNPC pipeline ? What will the new State owned oil/gas 'Enterprise' look like ? Was rejoining Eiti a critical requirement ? (especially with World Bank involvement see further internal links). New Niger Petroleum policy recently adopted. https://eiti.org/niger Last updated 13 February 2020 The EITI Board accepted Niger as an EITI member at its 46th Board meeting in Oslo from 13-14 February 2020. Niger is the world’s fifth largest producer of uranium. It also has considerable reserves in gold, iron, coal and oil. Oil production began in 2011 and intensified following the expansion of the Agadem project by China National Petroleum Corporation (CNPC), as well as several discoveries by Algerian state-owned enterprise SONATRACH and Savannah Petroleum. Niger’s oil production is projected to increase from 20,000 to 100,000 barrels a day in 2021, Niger will use the EITI to monitor production and revenues in the burgeoning hydrocarbon sector, which is expected to generate substantial government revenues to develop the national economy. The government recently adopted a new petroleum policy, making oil production a key driver for Niger’s development. The government expects to receive USD 4 billion in investment over the next two years in the oil and gas sector. Plans are underway to establish a new state-owned enterprise in the oil and gas sector. Production Niger is currently building two pipeline projects. One carries refined petroleum products to the border with Burkina Faso. The other, a pipeline to the coast of Benin, would allow Niger to become a crude oil exporter and significantly contribute to increased production. Crude oil output and exports of refined petroleum products are currently constrained by the country’s sole refinery’s capacity of 20,000 barrels per day and transport logistics. The proposed pipeline, traversing Benin to the coast would be capable of transporting up to 185,000 barrels per day. Validation Niger's Validation against the Standard will commence on 13 August 2022. New Petroleum Policy in French (Savp, CNPC, Sonatrach mentioned) https://www.jeuneafrique.com/713870/economie/hydrocarbures-le-document-qui-devoile-la-strategie-du-niger-pour-profiter-de-la-manne-petroliere/
zengas
14/2/2020
16:28
"may prompt oil majors to postpone final investment decisions on three major deepwater projects" At worst irrelevant for SAVP, at best reduces local supply...
breezer_42
14/2/2020
15:27
Africa’s Largest Oil Nation Could See Production Drop 35% Plus -- Nigeria is set to finally pass a new bill regulating the petroleum industry hTTps://oilprice.com/Energy/Energy-General/Africas-Largest-Oil-Nation-Could-See-Production-Drop-35.html
westmoreland lad
14/2/2020
12:58
Just what are all those single digit trades (Buys?)around 12:03? Who and why?
ifthecapfits
13/2/2020
16:02
How's sunbed44 doing?....not seen or heard from him in while.....odd really as he was an uber bull here posting 5-10 times a day......hope he's ok.....
plentymorefish
13/2/2020
14:21
They've issued a new presentation in the last day or two because when i last checked the old one was still there (3 pages shorter). Also if there were any changes to the status quo re the Niger blocks, i would have thought it would be mentioned or either have waited to announce any changes. "Next phase of operations (R3 East well testing) expected to be funded through cash inflows following completion of Seven Energy Transaction". Surely now with that completed we should get word or reasonably expect to see when this will happen. Appears to be drilling production wells, then further exploration wells and reiterates 50 mmbls to be developed from the 5 discoveries which is in no way priced in to the current lowly valuation. Just wondering if they are in talks with any partner does that constitute a closed period ? https://www.savannah-petroleum.com/downloads/07_SVP_Corporate_PPT.pdf
zengas
12/2/2020
20:42
Andy. Sadly all that did was provide a bit of liquidity to allow more sales as proven by the share price.
nen2319
12/2/2020
20:18
13 days ago when they signed up a new customer
andyforster1
12/2/2020
18:58
Must agree with you here ngms 27 , where is the positive news ?
jotoha2
12/2/2020
16:35
Not worth the paper it's written on.Read the book written by an ex broker dealing with the utilities sector.
ngms27
Chat Pages: 259  258  257  256  255  254  253  252  251  250  249  248  Older
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