Savannah Resources Share Discussion Threads

[reba] 11/7/2019 13:43

Sorry if i’v Started something didn’t mean to get us into the Brexit fiasco
Sooner we are out the better

[greatfull dead] 11/7/2019 13:21

Please keep the 'B' off the bb, sick to of the massive media coverage. So slanted this way and every way.

GLA,
GD

[fqr714bhp] 11/7/2019 13:11

Do you know why the NHS does not have enough full time staff???????

It is because they all leave full time and work as temp and relieve staff and then they have to pay them £600 a day, LOL???????????????????????????

This government is as stupid and blind to the real world as it gets>

[ged5] 11/7/2019 13:01

Yep, they seem to be dragging their feet. Nothing about the auctions they were supposed to be holding in May!

On a brighter note it's looking oversold again. It sometimes rallies when the RSI is this low. We'll see!

[reba] 11/7/2019 09:33

The Portuguese government want to get their finger out and grant some licences, so they can contribute to their economy, instead of depending on grants from the EU.
They are as bad as the Spanish at making decisions.
Saying that our government is as bad if not worse with the situation we are in at the moment.

[broncowarrior] 10/7/2019 23:23

Chill Winstons.

[biopop] 10/7/2019 22:24

sadly the company has lost a lot of credibility with the lack of progress on oman, mozambique and even finland. i expect lithium stocks will perk up again so maybe there will be opportunities to get out at almost break even unless the drop means another placing is imminent

[fqr714bhp] 10/7/2019 12:19

MM's are bandits.

They are very happy to take my large amount of shares at 4.55p
No surprise there then!, they buy them cheap and sell them high on next news.

LOL.

[seagullsslimjim] 10/7/2019 12:13

Summer market malaise

"Sell in May and return on St Ledger Day"

[fqr714bhp] 10/7/2019 11:26

MM's dropping the price so that they can make a killing when the DFS comes out.
Suffering share holders selling on price drops and stop losses kicking in.

[paleje] 10/7/2019 10:27

Bored and disillusioned, summer doldrums, EVs running late, li demand sluggish, price down, a year behind last summer's forecasts, global trade concerns, Oman, Moz etc etc

Loads of reasons FQ, most not within management's control not all though. We're not the only ones, others are suffering from the same conditions. Macquarie Bank put their boot into the lith market recently saying many would go under, the survivors (their word not mine) would be the ones with quality. We've got that.

Things will get better, we all wish it sooner naturally. I think 3rd party involvements might do more for the share price than the DFS but they probably won't happen without it. We've already had talks and probably been told to improve the numbers, that's what has been happening elsewhere. Still looking good imo, just slower than we'd like.

[busraker1] 04/7/2019 08:11

Infinity Lithium (Spain) recognised as cornerstone project of the European Battery Association. Hopefully, we'll be added to that soon - www.thewest.com.au/business/public-companies/infinitys-spanish-lithium-play-secures-eu-recognition-c-197177

[edgein] 04/7/2019 07:55

Good articles fellas, well hopefully a tiny fraction of that 100bn Euros will make its way into Portugal and a lith hydroxide plant and lith concentrate plant. When DA says he can potentially supply 40% of demand SAV are a significant early player.

Regards,
Ed.

[the deacon] 04/7/2019 07:38

The European Union is starting to act like China when it comes to building the batteries that will drive the next generation of cars and trucks.In the past few months, government officials led by European Commission Vice President Maros Sefcovic have joined with manufacturers, development banks and commercial lenders on measures that will channel more than 100 billion euros ($113 billion) into a supply chain for the lithium-ion packs that will power electric cars.Germany and France are prodding for action out of concern that China is racing ahead in new technologies sweeping the auto industry. With 13.8 million jobs representing 6.1% of employment linked to traditional auto manufacturing in the EU, authorities want to ensure that manufacturers can pivot toward supplying electric cars and batteries."We are walking the talk," Sefcovic said in remarks to Bloomberg. "We have overcome an initial resignation that this battle would be a lost one for Europe."A number of trends are catalyzing the program, starting with the determination by EU nations to rein in greenhouse gases and fight climate change. They're increasingly focused on reducing pollution from diesel engines and alarmed at the head start Chinese companies have in greener technologies. French President Emmanuel Macron in February said he "cannot be happy with a situation where 100% of the batteries of my electric vehicles are produced in Asia."So far, the EU's program is starting to work and putting Europe on track to wrest market share away from China. By 2025, European companies that currently lack a single large battery maker will rival the U.S. in terms of capacity, according to forecasts from BloombergNEF. Measures that will spur investment include:France and Germany are working on measures to channel billions of euros into the battery industry. Sefcovic has said the EC may be able to embrace the state-aid proposal as a special project by the end of October. The two nations are seeking to draw in additional support from Spain, Sweden and Poland.The European Investment Bank gave preliminary approval in May to a 350 million-euro loan supporting NorthVolt AB's bid to build a battery gigafactory in Sweden after the company completed a fund raising.The EIB along with the European Bank for Reconstruction & Development are working on a "raw materials investment facility" that will help to build a supply chain for rare Earth metals needed for batteries, according to Sefcovic who says he hopes the program will be launched by the end of the year.The EU in May started a 100 million-euro Breakthrough Energy Ventures fund with Microsoft Corp. founder Bill Gates and other investors to advance the energy transition, which is likely to include batteries.The EC has gathered at least 260 industrial companies including Peugeot SA, Total SA and Siemens AG in an alliance aimed at building capacity to make the energy storage devices in Europe."A year or two ago, everyone was under the impression that it was already too late for Europe," said James Frith, an energy storage analyst at BloombergNEF in London. "But they've made a commitment, and Europe is in a strong position now."Read BNEF Note: Can Europe Rival Asian Battery ManufacturingBy 2025, Europe may control 11% of global battery cell manufacturing capacity, up from 4% now, according to Frith. That will pare back China's market share and rival the U.S. command of the industry. The EC estimates the battery market may be worth 250 billion euros a year by then. It estimates at least 100 billion euros already has been committed to battery factories or their suppliers in Europe.The goal is to build enterprises in Europe that could supply the region's automakers without requiring imports from the major battery manufacturing centers in Asia. Currently, Contemporary Amperex Technology Co., or CATL, and BYD Co. dominate production in China. Elon Musk's Tesla Inc. is also building battery gigafactories in the U.S.So far, Europe has no established battery supply chain, though it has drawn investment in local factories from Korean firms including LG Chem Ltd. and Samsung SDI Co. as well as CATL.The new ambition of the commission is to stimulate companies big enough to supply the likes of BMW AG and Volkswagen AG, which plan a massive increase in electric car production. Across the industry, the outlook is for a rising portion of cars to run on batteries in the coming years.No single company will get the lion's share of the investment or aid. Instead, dozens will benefit in addition to Peugeot and Total, which are building a cell plant in Kaiserslautern, Germany. Funds will also trickle into suppliers of parts or raw materials including Siemens, Umicore SA, Solvay SA and Manz AG.Scarred by losing control of the solar industry in the last decade, Germany is leading the push. The nation was the biggest producer of solar cells in the early 2000s before Chinese companies backed by government loans took the lead.When it comes to batteries, Economy and Energy Minister Peter Altmaier is focused on the 800,000 jobs in Germany tied directly to car manufacturing. Batteries account for about a third of the value of an electric car, and without facilities to make those in Europe, more jobs will go to Asia, Altmaier has said."There's going to be huge demand in Europe for battery cells," Altmaier said on ARD Television in June. "We must have the ambition to build the best battery cells in the world in Europe and Germany."Sefcovic envisions 10 or 20 "gigafactories" making battery cells across Europe and with his support the European Battery Alliance is seeking to coordinate research that will be the foundation of the plan. NorthVolt intends to be one of the major battery makers, feeding BMW and other major automakers."If we want to be one of the major manufacturers in Europe by 2030 we need to build about 150 gigawatt-hours of capacity,'' said NorthVolt Chief Executive Officer Peter Carlsson. "The customer demand is so strong that we are accelerating our plans. We have taken a huge step on the way to create a new Swedish industry that will have a big impact in cutting our dependence of fossil fuels.''https://www.bloomberg.com/news/articles/2019-07-03/europe-thinks-like-china-in-building-its-own-battery-industry

[sambuca] 04/7/2019 07:30

An interesting snippet.

The rise in base metals exploration is being
driven by bullishness on copper. As the commodity
supercycle began to unwind in 2012, investors turned
sour on copper. Its rise had been powered by massive
Chinese demand, but the infrastructure glut in the
Middle Kingdom, combined with efforts to move its
economy away from heavy industry, seemed likely
to limit future global copper use. However, the
rapid growth in electric vehicles has transformed the
outlook for the red metal. A battery-powered electric
vehicle uses about 83kg of copper compared with
23kg in an internal combustion engine car. Hybrid
vehicles such as the Prius are normally somewhere
in the middle. Consultant McKinsey estimates that
yearly electric vehicle sales will reach 4.5 million in
2020, up from 1.2 million in 2017. That would still
constitute just 5% of the overall global car market,
leaving plenty of room for further growth. Copper has
been hit by worries of a trade war between China and
the US, and prices are still 40% below their
2011 peak.

SAm

[the deacon] 01/7/2019 14:42

Thanks Ged.

[greatfull dead] 01/7/2019 14:35

Thanks Deacon, thanks Ged. Listening to it as I type this.

ATB,
GD

[paleje] 01/7/2019 14:31

Cheers GED

[ged5] 01/7/2019 14:30

Thanks for alerting us, Deacon. Here's the link:-

[paleje] 01/7/2019 14:28

Good stuff Deacon, gotta link please?