Savannah Resources Share Discussion Threads

[edgein] 14/6/2018 07:50

What happens when you then add in Moz and Oman. :)

Regards,
Ed.

[edgein] 14/6/2018 07:49

Wowsers!

That's way better than I was hoping for! NPV of $356m, total LoM revenues at this early stage of $1.5bn usd and a deve cost well below £100m at just $109m! That's about x3 better than I was expecting for Portugal!

Regards,
Ed.

[broncowarrior] 14/6/2018 07:44

EBITA of 800mm....Very nice and thorough, lots of detail.Plus done on a conservative price and lots of exploration upside too...Time to get a strategic partner...

[nick9013] 14/6/2018 07:41

So 356mn USD is gbp 265mn, or 200mn gbp net to sav...thats 28p net SAV share price worth! Strap in folks

[nick9013] 14/6/2018 07:35

356m - Could be the quickest payback on a lithium project ever!

[shirley83] 14/6/2018 07:25

Great RNS.. 20p coming

[ipwil] 13/6/2018 22:59

Shows the presentations are getting across to more than just retail investors

- hxxps://www.streetwisereports.com/pub/na/18432

[highly geared] 13/6/2018 21:58

Ipwil, some excellent posts today, thanks for your objective and professional contributions in response to some of the rubbish posted.

[ipwil] 13/6/2018 20:38

Was Oman circ $40million? Bear in mind pit and mine almost as we need it and cheap concentrator.

But there is supposedly plenty of offtake interest and there may well be a spot of financing from Oman (keen to attract and encourage foreign investment etc.)

Just remember there is fundraising for paying fat cat salaries to not do much, raising for exploration drilling that might find nowt and lastly raising for buying mine infrastructure and production leading to asset on balance sheet and cash flow.

So out of the 3 you should not be scared of number 3! Whilst you get dilution you get an automatic lift in value to offset it.

[letmepass] 13/6/2018 20:05

Whatever it costs it will not be dilution.. Such a huge project and potential

[jon1962] 13/6/2018 19:09

How much is needed to get Oman onto production?

[highly geared] 13/6/2018 18:01

My interpretation of today is the morning saw stale holders exiting at a healthy return and some traders making a quick 25% from recent buys. The afternoon saw sustainable buying by newcomers or people adding to their holding.
There should be a confluence of significant announcements in the next 2-3 weeks that provide the green light for both the Oman copper project and Portugal lithium projects to proceed to the next stage.
Getting Oman into production will be a tremendous achievement and demonstrate the company can take assets from exploration right through to production. Anyone seen the copper price and where it’s heading...?
Oman will have a kicker effect on Portugal as the market will have confidence in them taking Portugal through to production.
The market looks forward, often 12-18 months , in terms of valuation. You can value assets properly if there’s confirmation in management to be able to bring them through to production. About 90% of AIM stocks fail to do this or dilute shareholders to oblivion but a small number deliver and make shareholders prepared to invest and hold wealthy. SAV is one such stock and David Archer is betting £4 million of his own stock that he will succeed and reward himself and shareholders.
DYOR.

[recordz] 13/6/2018 17:48

It's holding strong up here, Theres gotta be a buyer in the background or somethings going on.

[paleje] 13/6/2018 15:34

GED no not away helping son sort house out. Away proper end of month, Portugal, other end of the country though:) Still here though just not much to say, we're cracking on now and I'm really pleased for all LTH and new holders. DA too, he's one of the good guys.

[broncowarrior] 13/6/2018 15:15

This is different to IO and gold and other resource stocks where people are a bit more meh.

Lots and lots of different entities need lithium and copper, ergo someone will likely want to get in with an offtake arrangement to get certainty of supply.

[jon1962] 13/6/2018 13:58

Well bronco his type as I said always come out bitterly deramping when they feel they missed the boat.Not worth justifying the valuation.Smacks of desperation to get in

[fqr714bhp] 13/6/2018 13:28

We will see. The proof is in the eating of the pudding.

[broncowarrior] 13/6/2018 12:35

FQR, 100mm already been touted for Portugal, that is peanuts in the grand scheme of things.

Looked at the thread for the stock he mentioned earlier, car crash stuff. Bitter man.

[jon1962] 13/6/2018 12:22

This reminds me of BMN when it was trading in the 8-10p range and then doubled in a short time!

[shirley83] 13/6/2018 12:21

If it finishes blue massive BULL signal

[letmepass] 13/6/2018 12:03

Bid increasing.. Boom time.. Blue day

[ged5] 13/6/2018 12:01

Good companies each with their own strengths and weaknesses and in Portugal there's SAV, which is what this thread is about.

[letmepass] 13/6/2018 12:00

Now we are moving 20p coming soon.. Hold on tight

[ged5] 13/6/2018 11:57

I see you've edited 910. I don't know how £400mm relates to SAV. Mina do Barroso is low CAPEX. Please read the presentation.