Savannah Resources Share Discussion Threads

[ged5] 02/8/2017 10:15

Unsurprisingly no mention of Mutamba in this mornings half year results from Rio since SAV are doing the work.

However there were a couple of paragraphs about Titanium Dioxide:-

"Titanium dioxide feedstock demand recovered further in 2017 first half as the industry continued to absorb excess inventories, coupled with underlying pigment demand improvement in all major regions. Zircon prices have increased due to short-term supply tightness. Underlying demand remains largely flat, although nascent growth is observed in the North American market."

"Titanium dioxide slag production was 34 per cent higher than 2016 first half, reflecting higher market demand. The rebuild of a furnace at Rio Tinto Fer et Titane (RTFT) leaves only one of nine furnaces at RTFT idle, along with one of four furnaces at Richards Bay Minerals (RBM). RTFT expects to operate eight furnaces for the remainder of the year, compared with seven in 2016."

Very quiet this morning! The second of the two most popular holiday weeks in Britain (source: my memory!). What about the rest of the world?

[ged5] 01/8/2017 10:12

Since we have 102Mt of ilmenite in Mozambique including 92Mt at 6.2% THM, it is worth noting the comments about the ilmenite and Titanium Dioxide market in this morning's RNS from Alba Mineral Resources.

"Ilmenite and the Titanium Dioxide Market

Ilmenite is the primary source of titanium dioxide, TiO2. Titanium dioxide is mined as ilmenite, rutile or, in lesser quantities, leucoxene. It is a dark coloured mineral which, with processing, becomes white and opaque. It is primarily used as a whitening pigment in paints, plastics and paper. Other uses include the manufacture of titanium metal.

Titanium dioxide feedstocks are graded by their titanium dioxide content. Feedstocks are either sold as raw minerals (rutile and chloride or sulphate ilmenite) or as processed or upgraded feedstocks, whereby ilmenite is processed to increase its titanium dioxide content. Upgraded feedstocks are synthetic rutile, chloride and sulphate slag and upgraded slag.

Titanium dioxide feedstocks are used predominately for the manufacture of pigment due to its opacity, UV resistance and non-toxic properties. This pigment is in turn used in paints, paper and plastics. Use in pigment accounts for approximately 80 to 90 per cent of total global demand for titanium feedstocks. Titanium metal and welding flux cord wire jointly account for the remaining 10 to 20 per cent of demand. Historically, demand for titanium feedstock has grown broadly in line with global GDP growth (source: Iluka Resources Ltd).

According to Lucintel, the global titanium dioxide market is expected to reach an estimated $18.2 billion by 2021 and is forecast to grow at a compound annual growth rate (CAGR) of 3.4% from 2016 to 2021. The major growth drivers for this market are growing demand for titanium dioxide in end use industries like paint, coatings and plastics. The Asia Pacific region is expected to remain the largest market due to growth of those end use industries, economic expansion in India and China and growing consumption of paints and coatings particularly in the automotive and construction industry (source: Lucintel, January 2017)."

[ged5] 01/8/2017 09:17

Worth keeping your eye on the website. They tweet regularly.

[hiddendepths] 01/8/2017 09:01

Thanks Ged. Tempted to top up.

[ged5] 01/8/2017 08:44

It seems that drilling in Portugal is going well.

Latest tweet on the website.

[ged5] 31/7/2017 13:28

It was being pumped last week at .4. I was tempted but Zimbabwe isn't for me. Some will have made some good money when it went to almost 1p.

Very slow start to the week here, which could give those who are looking for lithium projects a good opportunity.

[hiddendepths] 31/7/2017 09:25

PREM had a nasty RNS this morning. There may be a trickle of money heading here!

[ged5] 30/7/2017 19:03

Focus should turn to Mozambique and Oman whilst awaiting the lithium drilling results.

There was another 200000 trade later on Friday. If your theory is correct let's hope they are nearly finished and we start to climb.

[hiddendepths] 28/7/2017 10:43

There's clearly a largish sell being worked here - the 200,000 trade this morning is almost certainly part of it. I would expect a jump once it's cleared. I bought in yesterday for the first time.

[ged5] 27/7/2017 13:04

2 videos out this morning on Proactive.

One on the website media and webcasts (link in header). Zak Mir has 8p target 2-3 months.

The other 20 minutes ago - David Archer talking about Portugal. Hints of news from Mutamba and Oman.

[ged5] 27/7/2017 10:12

Am I going insane?
Has the RNS changed slightly on Investegate since 8.00?
I'm sure the contact was the legal officer - Jamnes Robson. Now it's almost the same as the one received by email.

Not important but very strange!

[ged5] 27/7/2017 08:48

Good post Highly Geared. Pleased to see you still around.

Yet another feature on Breakfast TV this morning. Doubled the range that EVs can travel in the space of just a few years. Now 200 miles. Likely to increase further. Lower cost of servicing as well.

Unclear when the drilling started but at least it has begun. Let's hope the drilling proves we have a lucrative resource.

Summer isn't over yet BW. Maybe more to come!

[broncowarrior] 27/7/2017 08:05

Drilling has begun...good to see some news during the summer months.

[highly geared] 26/7/2017 20:02

I think SAV offers the best risk/ reward play on Aim , taking a 2 year view.
The recent lithium asset will give Sav the wow factor in terms of lithium being the new " oil" . With a Portugal and Finland it has a story the traders will love.
However, the 2-3 year progress in Oman gives the underlying solid asset valuation. With copper predicted to hit the sweet spot 2018-22 timing is perfect.
Add the THM in Mozambique and a likely small carry or minority's JZv holding in a monster asset , SAV should be worth multiples of current share price come 2019.
Archer also comes across as a savvy deal maker with plenty of skin in the game, interests aligned.

[ged5] 26/7/2017 17:29

Other countries aren’t waiting for consumers to make the move. At least four countries intend to go 100 percent zero-emissions vehicles — which could mean either BEVs or hydrogen fuel-cell vehicles:

Norway has laid out the most aggressive plans. It wants to get there by 2025. It helps that a full 24 percent of the vehicles sold in this oil-rich nation already are battery-electric
India wants to get all of its vehicles switched to battery power by 2030 — and that means it not only wants to end the sale of internal combustion vehicles but convert or replace all other vehicles already on the road by the end of the next decade, a goal few see possible
The Netherlands already has a relatively high EV sales rate, about 6 percent of its total new vehicles, but it has yet to formally lock down a switch to electric vehicles some would like to implement by as early as 2025
Germany may also push to end sales of gas and diesel cars by 2030, but there is strong opposition, especially since half of its electricity comes from coal. Yet German automakers are launching major drives to electrify and that could help build momentum for a switch.

While it has not laid out formal plans to block sales of internal combustion vehicles, China has been pushing ever closer. It is prodding automakers to expand their production of electric vehicles — Daimler and its Chinese partner this past week announcing a $735 million investment to boost EV output.

China is using both the carrot and stick to increase sales of so-called New Energy Vehicles. There are now strict limits on the number of new vehicles that can be registered in major cities such as Beijing and Shanghai, but qualified NEV models are exempt, encouraging buyers to shift. With some of the world’s most polluted cities, some observers believe China could call for an outright ban on internal combustion technology in the not-too-distant future.

[ged5] 26/7/2017 16:13

With EVs being in the news recently I thought copper and lithium should be in the title.

[ged5] 26/7/2017 15:30

Thanks Bronco for pointing out the article in the Times. I'm not sure I agree with miners being more risky than oilers though.

Thanks 4archer for that link.

I've started a new thread since this one is hopelessly out of date.

[ged5] 26/7/2017 15:23

Norway will phase out internal combustion engines by 2025
Netherlands and India by 2030
France by 2040 and now Britain by 2040 Now brought forward in Britain to 2035


Savannah has a lithium project in Portugal.
Portugal 100% interest for Lithium project at Mina do Barroso
Measured Mineral Resource 6.6Mt at 1.1% Li₂O Indicated Mineral Resource of 8.4Mt at 1% Li₂O and Inferred Mineral Resoure estimate of 12Mt at 1.1% to give a total of 27Mt containing 285 900t of Li₂O at an average grade of 1.06% Li2O (707,000t lithium carbonate equivalent, “LCE”)
Exploration Target for the Grandao, Reservatorio and Aldeia deposits of 11-19Mt at 1.0% to 1.2% Li₂O has been defined. (RNS 31-5-19)
Hatch, has completed the Scoping Study RNS 14-6-18. NPV $356M IRR 63% pre tax
Has a mining licence for 7Mt
Potential company maker
Could be one of the first Lithium producers in Europe
Martin Steinbild appointed to the role 'Director, Lithium Business Development’.
Mr Noel O’Brien has been appointed as a technical consultant to direct Savannah’s metallurgical test work programme.



Strong backing from Al Marjan Limted 208 262 589 increased to 268 262 589 Oct 19
Slipstream 45 000 000 increased to 167 250 000 June 19 147 180 000 Jun 20

Directors with significant holdings
CEO David Archer has 41 756 649 shares Reduced 30th November 2020 to 39,756,649 Added 3rd June 2021 40 006 649 Added 7th June 2021 40 156 649 28th June 2021 40 656 649
Manohar Shenoy increased by 2 000 000 Oct 19
Dale Ferguson 15 962 854
Matthew King 1 104 028 2 604 028 2 916 528 Apr 2021
James Leahy 1 150 000 Oct 19

Others
Lombard Odier Asset Management (Europe) Limited 73 277 777 16th Sept 2020 70 877 777 14th Jan 2021
Husain Salman Ghulam Al-Lawati 42 019 792
Karl-Erik von Bahr 30 052 525 Increased to 33 210 404 19th Sept 2019
Effective Investments Pty Ltd 39 100 000
Mineralia - Minas, Geotecnia E Contrucoes Lda 11 150 000

Company Website

hxxps://www.savannahresources.com/media/media-coverage/
hxxps://www.savannahresources.com/investors/corporate-documents/

Lithium Articles




Links to the permitting process in Portugal (Number 3353 in the second link)




Lithium Carbonate Prices

Spodumene Prices

[broncowarrior] 22/7/2017 11:15

SAV got a mention in the Times business section today in an article about lithium. Says SAV and three other companies are the way forward but there is some risk.Will hopefully get some new buyers on board.

[broncowarrior] 18/7/2017 16:05

Doubt that too, with 4 projects on the go there is always a piece of good news round the corner.

[seagullsslimjim] 18/7/2017 12:44

but maybe the low 4's?