Savannah Resources Share Discussion Threads

[seagullsslimjim] 28/8/2019 12:28

Didn't he say that about Oman and Moz too ? :-)

[broncowarrior] 28/8/2019 12:22

FQR has lost the plot further. Not about his wages, he expects this project to be a big success which will make him 10s of millions in share value.

[fqr714bhp] 28/8/2019 11:51

DA is only interested in his FAT easy wages.

Like all other company director's

I think it is called, " milk it for all you can get "

LOL.

[paleje] 28/8/2019 10:48

David definitely said EIA completion Q3 in a podcast end of June Ged, so you're right suggests more slippage.



But maybe Barros got it wrong, language, maybe he was thinking DFS by end of year which is what DA has said more than once.

However I noted Barros saying we could be mining by late 2020...is that possible when we haven't got finance in place yet and that will surely be dependent on the DFS.

DA did indeed promise a lot of good newsflow to come in the weeks and months ahead.

[ged5] 28/8/2019 09:54

Thanks for posting that article (post 2136), Deacon. It's never good when there are protesters about but there has been a mine there (ceramics) for many years.

The thing I didn't like was:-

"João Barros, manager of Savannah Lithium Portugal, the local unit, said that at present the Environmental Impact Study (EIA) of the project is underway, and should be completed by the end of the year."

I thought DA in a recent interview said the EIA would be completed in the 3rd quarter. Do we have yet another delay?

Looking at the 5 year chart 1.5p-2p looks likely so should we all have a spreadbet?

Alternatively a bounce back up to 4.5p-5p looks on the cards. I don't remember it ever looking this oversold.

Didn't DA tell us we'd have a news filled environment over the coming months? (8th August interview)

[seagullsslimjim] 27/8/2019 20:13

Well there'll be a level where value is seen for some.

£30m market cap is circa 2.8p with now over a billion shares in issue.

Guess the idea of David Archer grinning crockery sets hasn't inspired the sellers.

[fqr714bhp] 27/8/2019 15:16

OH look more share dumping going on today, ALL AT A NICE BIG FAT LOSS!!!!!

You just can't make this stuff up.

[paleje] 27/8/2019 13:49

It's already being worked on seagull, 5x current battery life with 700 mile range and 15 min charge time. Still using lithium.

www.digitaltrends.com/cool-tech/xnrgi-develops-ev-battery-tech-that-extends-range-to-700-miles/

All being well they reckon available by 2023.

My concern is if it's so good and really does extend life by 5x we won't need so much lithium after a certain point probably the late 20's, then again if it makes EV so good everybody will be persuaded so the numbers of users will be grow much faster than currently expected.

[seagullsslimjim] 27/8/2019 12:39

Though you have to factor in what new technology will turn up too.

Lithium maybe the current number 1 choice, but until they can get car battery life past just 8-10 years then other forms of re-usable energy will always be a threat

The current trickle of sales continues and at £35m mc, then one wonders where and when the rot will end?

[themightyali] 26/8/2019 22:14

Why are people so short sighted! Do they not realise that the bigger picture will mean lithium will make use of energy in a more efficient way and n the longer run mean getting rid of fossil fuel powered vehicles leading to a cleaner environment. As a bonus it means money for the Portuguese economy, jobs for locals. Why don’t people think. Ofcourse if a company makes mess, ie environmentally then they should be punished, hard, with revoking of licenses.

[costax1654x] 25/8/2019 15:32

What 2 P reserves do we have here?

[the deacon] 24/8/2019 13:51

Not as rosy as we are led to believe. Reminds me of BKY in Salamancahttps://www.theportugalnews.com/news/lithium-mine-plans-forge-ahead-as-protests-continue/50909

[ged5] 24/8/2019 12:52

Hi Sam, we've not forgotten the copper. Unfortunately the Omanis have delayed their decision on granting a mining licence. We were expecting the ML back in 2017.

The rest of your post I totally agree with.

[sambuca] 23/8/2019 21:32

Most of the focus here seems to be about lithium people forget about the copper side of SAV an EV uses 183 pounds of copper compared to a conventional car using around 35 pounds, all the extra charging points use copper wire. How many houses have a standard 2.5mm cable running to their garage? not big enough 4mm is adequate 6mm recommended especially for using 7kw charger.
China may have slowed down building and reduced their copper usage but worldwide with EVs the demand for copper I can only see going one way.

Sam

[ged5] 22/8/2019 11:30

Change the h to H in Http

[busraker1] 22/8/2019 11:22

Or, for something more exciting, the new all electric Porsche Taycan. Pre-orders are pushing 40,000 apparently when they only budgeted for 20,000:-



OR...the world's most powerful production car - the all electric Lotus Evija:-




GED - how do you insert the web links?? Ta.

[ged5] 22/8/2019 11:20

Thanks Busraker. To make it easier to access



They still need cheaper versions for the majority of the population.

[greatfull dead] 22/8/2019 11:16

Ged,

And for our eco minded children who are in well paid work.

ARB,
GD

[busraker1] 22/8/2019 11:11

The independent article isn't great when it comes to the range anxiety of a current e-Golf but it's the new electric vehicles from 2020 that are going to start solving some of the issues.

For a similar price to a VW Golf GTI from next year the VW ID-3 will be available and the running costs will be much less than for the petrol or diesel Golf (plus VW will give you free charging for the first year!). This is the first 'proper' attempt by VW to do electric cars and it will be a Tesla challenger.

With 3 battery sizes it can have a range of up to 340 miles.

It is this sort of future that will rev up the electric car sales and change the minds of any negative reviewers...and there's some fantastic electric cars all set to hit the market next year.

carwow.co.uk/volkswagen/news/3841/vw-id-price-specs-release-date

[ged5] 22/8/2019 10:59

Hopefully at the best time for SAV.

[greatfull dead] 22/8/2019 10:48

EV's have got to be more appealing price wise. That will come, when is the question.

GLA,
GD

[paleje] 22/8/2019 10:31

Yes Ged I spotted they're pumping extra funds into local authorities to add more charging points but how good are local authorities, I think they vary a lot. And it isn't just the number of points, it's also the tech required for much faster charging and longer journeys per charge. I get angry if I get a slow pump at Morrisons and more so if someone starts filling the other side of the pump:)

I'll say this though, when they do get it right (and they must!) I believe people will convert happily, I've driven a hybrid Rav a few times and when its on electric power it's another world.

[ged5] 22/8/2019 09:21

An interesting read, thanks. Still much to be done for EVs to become the norm. The Government needs to spend more on the infrastructure that is required, so good to read the link on the side of that article:-

[paleje] 22/8/2019 08:42

Article in yesterdays Independent great reason for NOT going electric. Yet. Their reporter's return trip London to Cornwall. Gotta be honest I wouldn't do it, I drive diesel and would easily have done the whole trip plus the running around on less than 1 tank with plenty of aircon and power when required. Massive amount of work to be done and HMG and other govs can't just leave it to industry.