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SAV Savannah Resources Plc

4.00
0.10 (2.56%)
02 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Savannah Resources Plc LSE:SAV London Ordinary Share GB00B647W791 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 2.56% 4.00 3.90 4.10 4.00 3.90 3.90 1,870,546 13:42:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 -3.62M -0.0020 -20.00 73.13M
Savannah Resources Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker SAV. The last closing price for Savannah Resources was 3.90p. Over the last year, Savannah Resources shares have traded in a share price range of 1.58p to 4.85p.

Savannah Resources currently has 1,828,150,084 shares in issue. The market capitalisation of Savannah Resources is £73.13 million. Savannah Resources has a price to earnings ratio (PE ratio) of -20.00.

Savannah Resources Share Discussion Threads

Showing 5176 to 5194 of 9275 messages
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DateSubjectAuthorDiscuss
19/9/2019
20:15
KAV



Kavango’s three projects in Botswana offer an excellent diverse potentialfor the discovery of nickel-copper-PGE, copper-silver and rare earth deposits. Listed on the Main Board of the London Stock Exchange (Standard List) - (KAV.L)

The Kalahari Suture Zone (KSZ) Project, a 450km long N-S magnetic structure of continental proportions, is a large scale nickel, copper, cobalt and PGE group
exploration project in the southwest of the country. It is similar in its geological
setting to the giant Norilsk deposits in Siberia. Kavango recently completed two phases of airborne electromagnetic surveys covering over 4,000 line-kms in the northern part of the KSZ. Numerous conductor anomalies were identified and located on the ground; drilling of the most prospective targets is planned for late Q3 / early Q4 2019

The Ditau Camp Project (Ditau) is a 7km long magnetic body with corresponding geochemical and gravity anomalies approx. 50km west of the KSZ structure. It is one of 10 significant ring structures in the two Ditau licences. Two recent drill holes and the discovery by Falconbridge of a carbonatite in the area indicate a large area of alkali intrusive bodies. Carbonatites are generally associated with rare earth minerals. Whilst the Company continues to add value to the project with some low cost (within the current budget) geophysical surveys at Ditau, the medium term plan is to attract a joint venture partner.

The Kalahari Copper Belt (KCB) extends in a northeast-southwest direction for at least 1,000 km from western Namibia to north-eastern Botswana. The KCB contains known sediment-hosted copper-silver deposits two of which are currently being developed into mid-tier copper-silver mines. Kavango will carry out geophysics surveys and soil sampling to identify copper hosting anticline structures. The KCB Project is the subject of a recently signed MOU with a private Botswana company, who hold two strategic but unexplored PLs in the KCB area, whereby Kavango can earn an interest in the two licences by spending funds on exploration.

Conclusion

Kavango’s three projects in Botswana, the Kalahari Suture Zone, the Ditau Camp Project and the Kalahari Copper Belt, offer an excellent diverse potential for the discovery of nickel-copper-PGE, copper-silver and rare earth deposits.

Botswana is recognised as the best jurisdiction in Africa for business and with the Company’s very experienced management team the chances of success are high.

cpap man
19/9/2019
20:01
FQ
I have a ev van. It has regenerative braking which as you say drives an alternator to charge the battery when slowing or braking, to have it running the alternator full time would use more energy than it would produce. When you put it in B drive and take your foot off the accelerator it is like changing down a gear in a petrol or diesel car.
A better idea especially in a van with the roof size would be a solar panel on the roof connected to the charging circuit, my van sits outside all day for 10 hours when it could be charging even if it only charged 1% per hour it would still replace about 60% of what I use on a average trip to and from work.

Sam

sambuca
19/9/2019
15:46
jotoha2:

I am talking about fully non plug in electric cars with their own charging system in the way of power alternator's driven by the wheels to charge the Lithium batteries.

UNLIMITED MILES AND UNLIMITED SELF CHARGING.

No need for plug in?
No need for engine for recharging?

fqr714bhp
19/9/2019
15:05
Alfa Romeo are working on 4 wheel drive ,4 wheel independant power source vehicle , and lithium batteries that will go 500 miles between charges of your domestic source idealy connected to solar panels , motoring will be cheap as chips for some.

Now what about Archer , firstly he needs to bring in some good news , none of this Jackanory pottery rubbish , results or resign Archer , you have as yet not achieved a single thing , get moving , you are paid very well , now bring home the bacon.

jotoha2
19/9/2019
11:43
If its so simple why hasnt it been done ?
bristol97
19/9/2019
11:34
Fqr- fundamental law of physics, energy cannot be created or destroyed, only converted from one form to another. As matter and energy are two sides of the same coin, you can convert matter to energy as per Einstein’s E=mc squared. This happens in nuclear reactions.
themightyali
19/9/2019
11:32
who'd spend £36k on a dullard car is more to the question

Ie not the average car purchaser who will continue with petrol and cars upto a max of £20k.

Prices will eventually come down, but with the time it takes to charge batteries at the moment and mainstream appeal would easily be another 5-10 years off

seagullsslimjim
19/9/2019
10:22
Yes absolutely it has not arrived yet. But VW and others have had sold out order books for some of their early models so as and when these actually get translated into physical cars we may be able to see more clearly what the rate of consumption of lithium is going to be. And governments really need to get on top of the charging infrastructure issue.
bristol97
19/9/2019
10:15
How do shareholders raise concerns? How can we call for a general meeting? And put it to the bod to for go their salaries
themightyali
19/9/2019
10:15
On another point, I took my Kia in for service this morning. I took the opportunity to call in at the sales department.

I asked about their new EV. "Oh the Niro. I'll have to tell you there's a 15-18 month wait. They've got the bodies but they can't get enough batteries. They can't get the things needed to make the batteries".

He did go on to tell me the range will be 289miles and they cost £36000. And like any good car salesperson he asked loads of questions about my driving needs and tried to sell me a hybrid or even a petrol car.

It made me think that EV revolution has not yet arrived and the rubbish spouted forth about the oversupply of commodities needed for battery production.

ged5
19/9/2019
10:08
Yes I think he had/has the best of intentions. He does not seem to be in the mould of say George Roach at PREM, but of course it has to be said that we haven't actually achieved any production of anything yet. We have put in a lot of groundwork and really just maybe need a 'lucky break'. Not sure about Oman but surely surely Moz will come good in some way ? He seems to have seriously underestimated the difficulties of working in jurisdictions like Oman and Moz, as opposed to his background in Australia.
Agreed Ged5, maybe now is the time to eat a large slice of humble pie and forego some personal rewards until the shareholder base can receive some rewards of it's own.

bristol97
19/9/2019
10:02
Got to agree with you there bristol. The dissatisfaction is most understandable. He has probably tried his best to to give us hope. "Watch this space" "expect good news soon" "I'm doing you a favour telling you to invest" "We have 51% of Mutamba". Those comments probably designed to entice us into keeping our shares and buying more.

He probably had the best of intentions. But no I don't agree with others about him resigning, I agree with you. I want him to produce results and I want him to show his regret by foregoing his salary along with Ferguson until we are profitable.

ged5
19/9/2019
10:02
I am down 65% on my investment here.
fqr714bhp
19/9/2019
09:57
It will go sub 1p any way, then a share consolidation. LOL????

Like i said before: if Mr: David Archer had any respect left for shareholders, " he would do best by selling SAV now " and give something back to the share holders before there is nothing left to sell???

fqr714bhp
19/9/2019
09:16
I can understand the dissatisfaction with DA, but do people really think that the CEO resigning/being dismissed would be good for the share price ? It would go sub 1p in an instant.
bristol97
19/9/2019
08:50
THE BEST AND LAST THING MR: DAVID ARCHER CAN DO IS. " BUT SAV UP FOR SALE NOW " WHILE HE CAN STILL GET A RESPECTABLE RETURN FOR THE WHOLE COMPANY.

THAT IS IF THERE ARE ANY BUYERS LEFT OUT THERE WILLING TO DEAL WITH A EUROPEAN COMPANY.

fqr714bhp
19/9/2019
08:31
Well if they can only raise funds through a massively giveaway price of 2p and yet we have a 'world class' lithium project, then one must ask how things will be when we need serious finance? The idea that Cos will be all lining up to co fund is imho pure fantasy.

Surely one on these multi billion Co's would have jumped the queue and stumped up a miserly £5m to get first refusal further down the line.

The world economy has already peaked and why commodities (which look ahead at demand) have all fallen back.

Plus Peru has some (if the not the greatest) reserves of lithium that is coming on line and with a Country with slacker enviromental policies compared to more developed Countries and that will be another market for purchasers.

Along with that will be tighter lending and third party project finance - These are seen in all recessions and as they reign things in.

Maybe Archer will release a crockery Bed Pan and so that we at least have a pot to pi~s in !!

seagullsslimjim
19/9/2019
08:13
In the future: Share consolidation of 10:1 and more cash calls. That is the name of the game for AIM stocks and Director's fat wages.

Total disregard for share holders will continue.

Portugal will become a dead duck as no finances will ever be obtained to start or finish the project.

LOL!!!!

OH and Mr David Archers days are numbered.

fqr714bhp
19/9/2019
07:23
Never thought I'd say it, but Archer has to go. How TF can he justify such a large salary for achieving NOTHING since he took over, other than pi$$ing away my money
grimweasel
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