Savannah Resources Share Discussion Threads

[paleje] 01/8/2018 00:07

BW they pulled because some analysts are forecasting lithium prices to halve 2020 onwards even though d3mand could 4x, reason being there’s a lot of it out there and the big boys haven’t really started yet. It could work for or against us imo depending how quickly we increase resource imo ergo how potentially attractive we become at a fair price.

I emailed the co today for a bit of enlightenment if they can provide it, particularly spodumene prices going forward.

[broncowarrior] 31/7/2018 21:45

Bacanora resources - why did they not go for the 100mm placing? Odd given commitments they had. Ok George, good luck to you.

[rpt_regal_petroleum_buy_now] 31/7/2018 13:34

If you missed RPT RNS - you could say its a stormer - up 50% now...
Increased P1 reseves by around 1500%!!!!! Not going to comment on the rest, have a read....


Add to it 40 million USD in the bank
Heading for 4,000 boepd production....

Some comments from twitter below

#RPT A truly gigantic reserves upgrade for O&G holding #RegalPetroleum. About to catch a flight but am totally ecstatic by this news. Totally oustanding. 1P (proved) soar from 1.9mmboe to 27.8mmboe and a further 24 wells. Gobsmacked! investegate.co.uk/regal-petroleu…

Dont waste your time and miss the boat, this is still seriously undervalued.

[ukgeorge] 31/7/2018 13:27

I sold out today, my US lithium plays have got hammered the last week and was fearing similar may happen with SAV.

[broncowarrior] 30/7/2018 16:11

reba, the system decides whether it was on the bid or the offer and allocates accordingly. If your buy was on the offer then the bid must have been 8.7 or something.

[reba] 30/7/2018 15:37

I think most of the sells are actually buys.I bought some at 8.975
For god's sake AIM get some more upto date equipment that can distinguish between buys and sells and give the punters an accurate forecast.
In this day and age, surely, there is something on the market better than your antiquated out of date system.

[ged5] 30/7/2018 11:55

gokarna97,

Thanks for your reply. Sounds like you have an interesting job.

A good reason to invest in SAV. I think we're about to have exciting times over the next few years.

[ged5] 30/7/2018 11:49

Well if you go to the 1 year candlestick chart there's a gap down to 8.3p, further down at 6.5 and even down to 5.7p. The same on the 2 year chart.

However if you go to the 3 year chart and more the only gap down to 9p has been filled.

So depending on agenda choose the chart to suit one's needs.

Game changing news could come at anytime rendering charts irrelevant.

[seagullsslimjim] 30/7/2018 10:34

from a chart perspective above, then will the 8p support become a self fulfilling prophecy from here?

[paleje] 27/7/2018 21:31

Some may have sold or been put off buying by Bacanora financing flop. Think you've got a decent price Tut as long as you don't expect it to double by Monday. Morning:)

[tutthetrader] 27/7/2018 17:40

109k bought today @ 9.1 excellent price.GLA.. ££££. ONWARDS AND UP....

[tutthetrader] 27/7/2018 15:40

9.10 are buys and not sells as reported..GLA..

[gokarna97] 27/7/2018 14:12

Thanks Ged5! Well, I invested because I was interested in the potential for the EU to secure a lithium value chain that will be critical in the drive for next gen technologies such as EV, electrification of aviation (even Aston Martin are planning that based on the Farnborough Airshow recently). I work in a strategy role across space, aerospace, defence, security and ground transportation market ... and I can see many many applications. I'm no geologist, but once I read up on SAV and the location of the deposits / quality etc I thought that SAV was a great AIM opportunity. For anyone interested my other main investments are: KWS, WAND, TM17, FDEV, LTG and NETFLIX.
Off to enjoy the sun now....!

[ged5] 27/7/2018 13:01

Thanks IB! I'll put the link in the header.

I'd like to see the rough calculations which assigned £2.6M to the 3 main assets.

Mina do Barroso NPV $356M or £271M
Mutamba NPV $154-$335M or £117M-£255M
Oman ?
Finland almost zero

[edgein] 27/7/2018 12:37

inbrackets,

Definitely.

"The EU hopes to change this by pushing to develop a regional lithium value chain and nurture lithium-ion battery producers."

Anyone else think that DA might push for an EU grant to help with construction and deve costs, not only for creating hundreds of jobs in Portugal, but also its strategically important as the EU doesn't produce any lith concentrate at present. That could come after the developmental decision in 2019.

Regards,
Ed.

[inbrackets] 27/7/2018 12:11

Excellent, balanced piece.http://www.valuethemarkets.com/index.php/2018/07/27/next-six-months-will-rich-newsflow-savannah-resources-david-archer-future-sav/

[ged5] 27/7/2018 10:39

gokarna97,

I see you've posted about a couple of gaming shares. Is that what led you to a lithium explorer and potential producer? Did you realise there's going to be greater demand for lithium from the gaming industry?

Oh and welcome to the thread!

[ged5] 27/7/2018 10:30

Thanks yorkie!

The Video and Media section of the SAV website has been a bit "iffy" since yesterday, although I did manage to access it once.

I don't think it takes much to work out that Lithium is going to be in great demand with the expected increase in electric vehicles and the continued growth in mobiles and other electronic goods.

Perhaps SAV are hinting of a new association!

[gokarna97] 27/7/2018 10:23

Ok thanks for that. Great mid to long term investment potential here ... with many bumps along the way I'm sure!

[yorkie14] 27/7/2018 09:38

hxxp://www.Proactiveinvestors.co.uk/companies/stocktube/9962/savannah-resources-grandao-lithium-deposit-continues-to-grow-9962.html

[yorkie14] 27/7/2018 09:37

Gokarna, it is mentioned in the interview yesterday with DA.

[...]

[gokarna97] 27/7/2018 09:13

Interesting ...

Check out @SavannahRes’s Tweet:

[reba] 27/7/2018 09:01

do they really know what they are doing. recording action at stupid rates.
suppose this is AIM unfortunately, but it reflects on the company badly, and this is why a lot of traders don't deal with them.

[reba] 27/7/2018 08:39

how can all sales this morning be sells when they are all at offer 9.3
Manipulation ?

[edgein] 26/7/2018 10:56

Ged,

No worries fella. Yeah there's lots more potential here and the area always looked good. There was a picture of the outcroppings and that was one of the main reasons that I bought. With so many areas that the stuff is sticking out of the ground suggested there was gonna be plenty of spodumene down there too. I'm glad I took the punt which turned into an investment as its now for me head and shoulders the best lith play on AIM. Grade, thickness, plus byproducts and its basically 100% spodumene and being driven through the expo at an incredible rate. KOD for example still waiting for a JORC, in less time SAV had JORC, upgrade and scoping study and now working on DFS! Its being lined up to produce towards the start of the EV boom. IRR is superb here too so looking at a cash cow by 2020 if Oman doesn't come in to roost before.

Regards,
Ed.