Savannah Resources Share Discussion Threads

[ukgeorge] 16/11/2018 10:59

Hopefully we just need patience. Resource upgrade on its way and will hopefully give a nice boost to the share price.

[reba] 13/11/2018 15:29

Boy. they are so quick to mark the share price down on a few sales and so reluctant to put it up on numerous buys

[reba] 13/11/2018 14:37

good buys going through, what's going on. who's heard what.

[ged5] 13/11/2018 08:13

A few more thousand. May help to fund the water tower in Jangamo.

Also another tweet about EVs, 50M of them from VW.

[ged5] 12/11/2018 18:47

Very generous GD

Just a slight correction to my flippant remark earlier.

On 4-6-18 the price started 7.8-8p

On 11-6-18 to 13-6-18 there was unusually high volume. The price rose to 13-13.25 by the end of the 13th June.

On 14-6-18 the price opened 16.75-17p.

The highest price sold was I think 16.75p. The trades slightly higher may have been sells.

By 8:02 the price was 15.25-15.5 and by 8:10 the price was 14-14.75p.

[greatfull dead] 12/11/2018 16:37

Ged,

Yes, "Family is most important and always come first"

They are rewarded all the time and reward me in many ways. My youngest grandson had his 16 birthday last week. Really overjoyed with the present I gave him.

ATB,
GD

[ged5] 12/11/2018 16:20

Family is most important and always come first. Think how you'll be able to reward them when SAV reaches its potential.

[greatfull dead] 12/11/2018 16:08

Ged,

Thanks for the Proactive Video link. All positives from David Archer.

I am baffled why the share price is down!!!

Summary of the Proactive interview regards Mina Do Barosso. Other good info too in the video.

"Savannah Resources (AIM: SAV) boss David Archer talks Proactive through the significance of it's latest major deposit uncovered at the Mina Do Barosso mining lease in Portugal, which he says looks like being the most significant Lithium Mine in Europe. News here too on potential off-take and commercial partnerships they're considering plus why the European Commission is keen to stabilise the supply of Lithium across the region and how that feeds into both the European economy and Savannah's own accretive Lithium development story."

Like you comment in your post #1374 "Same way it went from 6p-16p in a few days!". I am glad my average is 8.3p.If I had access to funds I would top up here and one other. Alas it is coming up to Christmas and I have a lot of presents to buy, with
some being quite expensive for my nearest and dearest😉

ATB,
GD

[highly geared] 12/11/2018 15:40

Logic is stay here for 6 months as Portugal will crystallise value via the enlarged resource, BFS and decision to mine. Also Mozambique PFS will be out by then. Oman mining licence, anyone’s guess but best to assume it won’t happen this side of 2020...

[ged5] 12/11/2018 15:12

Same way it went from 6p-16p in a few days!

[ged5] 12/11/2018 15:10

Only in the share price Not in the work being done.

[fqr714bhp] 12/11/2018 15:09

How the hell can this go from 7p/7.2p to 6.2/6.5p in less then a few days????

[fqr714bhp] 12/11/2018 15:07

Two steps forward and 10 steps backwards here. LOL?????

[ged5] 12/11/2018 14:57

IB, I hope you're looking after yourself.

Another snippet:-

"The LSE has a peculiar rule which means that a transition requires a company which becoming part of another (in this case northland moving to share price Angel) they have to resign their Nomad licences as part of the process."

I'm sure all will be taken care of!

Another thought is the little rise on the chart and some thinking no concrete news for a few weeks might give the ten per centers the notion to sell.

Maybe they'll buy in before the end of the day in case of news tomorrow

[inbrackets] 12/11/2018 14:15

Some sipp/ISA providers informing their holders about rns / corporate actions of last week regards the non issue about the nomad, some easily worried perhaps.

[fqr714bhp] 12/11/2018 14:08

Nice big drop here today?
What is going on?

[ged5] 12/11/2018 11:57

I've been unable to read or post this past week but great to catch up.

A fourth deposit on the mining licence shows this area is just getting better and better.

I've gone on several times about the various mining licences being granted or amended but equally important is the funding for the projects.

Extremely gratifying then to hear the comments that they've had feedback from potential off-take partners and commercial partners at about 2:45 in last weeks interview. Obviously lots of work going on in the background.

[fqr714bhp] 09/11/2018 15:24

Can we finish Blue today on 7p/7.10p

Would be nice to go into next week on a positive.

Have a great weekend all.

[greatfull dead] 09/11/2018 11:24

UK,

Thanks for the reply. Well with welcome back then. I was tempted to sell at the top, after careful thought I did not. I am still very happy to hold all that I hold.

ATB,
GD

[ukgeorge] 09/11/2018 09:23

just added another 75k @6.75p

In addition to a strategic partner, fingers crossed that there is at least a resource increase due from all of the drilling results.

GD I bought in a few months just prior to the big spike, didn't sell out at the top, but sold after the rights issue as was peed off. But looking good again now.

[broncowarrior] 09/11/2018 08:33

Strategic partner has got to be on the cards at some point. Would guess that will come in after the BFS, but going to be more expensive for whoever it is if they come in then rather than now.

[fqr714bhp] 09/11/2018 08:09

Up again today.

Some thing is going on in the background.

There is no smoke without fire, as they say.

Still a long way short of the last 9p cash call or the 15p peak a few months ago.

Have a good weekend all.

[greatfull dead] 08/11/2018 19:31

UKG,

If this is your first buy, welcome.

ATB,
GD

[ukgeorge] 08/11/2018 14:19

Just bought a few paid 6.676p for 81,875 shares. Chart looks ready for a breakout higher. Lots of the other lithium shares have shot up over the last couple of weeks.

The chart here looks ready to pop higher.

[greatfull dead] 08/11/2018 12:14

Taken from a broker note published yesterday.

Conclusion: The discovery of an additional area of lithium pegmatite mineralisation within the Mina do Barroso licence augurs well for a future resource expansion.

ATB,
GD