Savannah Resources Share Discussion Threads

[greatfull dead] 11/9/2019 14:47

Ged,

Just double checking.

ATB,
GD

[ged5] 11/9/2019 14:41

I guess you know that already, GD.

[greatfull dead] 11/9/2019 14:35

Ged,

Are the Portuguese elections taking place on 6 October?

ATB,
GD

[ged5] 11/9/2019 14:22

Ah, I.m glad you edited it. I presume that's a copy and paste if coal dust was mentioned.

Yes, a disappointing reaction to the news but I guess everybody knew about the licences already.

It does however take steps to considerably derisk the project and although yet another wait is frustrating, things are moving in the right direction.

I think the situation in Portugal is more or less irrelevant. I think it's more to do with the forthcoming election. Get that over with then EIA will soon be completed and then the FS.

[jotoha2] 11/9/2019 07:37

Lithium mining to commence in Cornwall , timescale max 18 months , why is this company moving like a snail on this project.

[broncowarrior] 10/9/2019 21:22

5000 petition on what basis? It is in the middle of nowhere. Can't imagine that is enough people to make much difference.

[seagullsslimjim] 10/9/2019 18:49

Well based on the volume of sells over the summer months and i'd say its more to do with people jumping ship after so many false dawns in the past.

Unfortunately this will be seen by newbies looking in as a one trick pony now and with the continued indicators of a classic jam tomorrow AIM Company.

Plenty of those to choose from and with posts in the same optimistic tone.

Re Portugal and i still personally think that with a 5000 signed petition against the mine development that it will be called in as a Public Inquiry. Then more delay.

I guess at the current market cap of circa £33m and one has to run the rule over what the true value of the Co is at this point of juncture.

For chartists its a toss up between the downward trend into the 2's happening or the possibility of a double bottom from here ?

[reba] 10/9/2019 18:21

It gives AIM a chance to make even more money that’s why.

[jotoha2] 10/9/2019 17:25

Amazing , was that rns this morning bad news or what , am I missing something , why issue an rns if it means sweet nothing .

[seagullsslimjim] 10/9/2019 12:31

Over the years then 'sell on the news' seems to be the best option with SAV

Unfortunately where DA has failed to deliver on anything over the years, then the market will take any news (bar production or a sale) with a pinch of salt.

Chart indicates a possible re-test of the recent lows and maybe a flirt into the 2's :-(

[jotoha2] 10/9/2019 07:54

Just what we needed , Boom Boom

[paleje] 10/9/2019 07:48

"Announcement tomorrow thinks the cynic!"

Cynic was spot on:)

[broncowarrior] 10/9/2019 07:13

Good news, but not quite great news. Getting to that PFS stage will put some proper value on the project, at the moment being valued at zero in my view.

[ged5] 09/9/2019 16:45

N: Non Protected Portfolio - A non-protected portfolio transaction or a fully disclosed portfolio transaction. Normally a transaction of a number of stocks dealt with by one market maker at an agreed discount to the market price.

T: Single - If reporting a single protected transaction. A protected transaction occurs when a large order is going through the market. The buyer (or seller) may wish to keep the order anonymous from the rest of the market as the size of the order could greatly alter the price of the stock. With a protected transaction the dealer will put the trade through in small quantities rather than knock the whole order out in one hit. The entire transaction is reported once the deal is completed. The LSE is notified at the start and at the end of the transaction, however, the market as a whole isn't told until the end, thus the order is protected.

Interesting!

[ged5] 09/9/2019 16:33

Yes, thank you IB and you Paleje.

What on earth is going on here. 250K at 4p.

Announcement tomorrow thinks the cynic!

[paleje] 09/9/2019 10:17

Thanks inbrackets

[jotoha2] 09/9/2019 09:49

Like the look of the share price graph , classic cup forming nicely ,now where is the news.

[inbrackets] 09/9/2019 09:36

https://digitaledition.telegraph.co.uk/editions/edition_318kM_2019-09-09/data/712852/index.html?share=1&WT.mc_id=tmgapp_inar_share&utm_source=tmgapp&utm_medium=inar&utm_content=share&utm_campaign=tmgapp_inar_share&Expires=1570402800&Signature=AatcP2T7IMY7cCuH60K3cYdv0TcAfvMGTO1Ll641Txg~v7WiXHBNwKU20cgth5RuynnOSNdNUmSw-vPp-49ZtHJnAq4J3GXs0qzqMjS9o8qRvG0pNLNXdSPSDykl2~5MfdsVVMJOJOmrK~hPPRpmfAetbsiq95m-Gu7jhTSaNKDbpzTh2mP1t95cKOmoNJ8G4ZIS3Wtpo59uTtqJLo-FvmWAl0RENoR0qrN8SlWLPBrgA3xwG47NjLz7ZBsK8LoSI1G5wi-V75-M8nvhweJM4MtBhZH9Uf22UvdSm8STFWQvODK7jIVtNj7JSEA6LKY7kJUBF4UrBGl1s0L77aZ~4A__&Key-Pair-Id=APKAJLCEPDGCTPVKXNOAIt's in today's DT.

[paleje] 09/9/2019 08:16

Meanwhile back home..... the Telegraph had an article yesterday, I can only get so far because I don't subscribe but it makes sense if true and has been mooted on here before:-

Carmakers will have to invest in the mining sector to guarantee supplies of materials needed to make batteries and keep costs under control if the drive for electric vehicles is to be sustained.

The claim comes from analysts at Evercore ISI, whose research warns of shortages in the battery materials needed by car companies racing to offer more environmentally-friendly electric vehicles, which will help them meet emissions controls.

Not being able to source enough rare metals and minerals may force carmakers to battle for supplies, keeping costs high and preventing electric vehicles preventing electric vehicles from going mass market.

“Global manufacturers have been quick to trot out ‘electrifying’...

[jotoha2] 06/9/2019 14:43

Thanks for the find Ged5 , nice to see the share price is building a base at least.

[ged5] 06/9/2019 11:10

Well that's the point I was trying to clarify. It may well be of no consequence.

[jotoha2] 06/9/2019 10:52

Why would they not announce if it is already in circulation , unless of course they belief its of no consequence ?