Savannah Resources Share Discussion Threads

[inbrackets] 08/11/2019 11:02

Was that not the meeting that was tweeted showing Martin and Super Mar(i)os arm in arm, smiling?

[ged5] 08/11/2019 10:51

I'm just surprised there's been no mention anywhere other than tucked away at the bottom of the MdB asset page. They usually have a tweet and pictures to let us know about something like this.

"A senior representative of EIT RawMaterials visited Savannah’s Mina do Barroso project in September 2019 to receive a briefing on the development plans for the project."

"Savannah has joined EIT RawMaterials’ Certification of Raw Materials (‘CERA’) project as a core partner. "

"Initiated by EIT RawMaterials, CERA is supported by the EC and aligned with the European Battery Alliance."

"Savannah’s Mina do Barroso project has been chosen as the pilot mining project for evaluation to achieve the CERA standard."

Looks like CERA is to become the new buzzword!

[greatfull dead] 08/11/2019 10:40

Well at least that is sorted and something has happened.

I do hope we get to know some official on Portugal before the New Year 2020!

GLA,
GD

[ged5] 08/11/2019 10:35

You're right, IB. So the article was put there recently.

"Following the output of the EBA250 Stakeholder Meetings to date and feedback from EBA250 members (including from Savannah) on how to bridge the gap between financial institutions and businesses, EIT InnoEnergy has, with the support of selected financial institutions and industrial partners, designed a Business Investment Platform (BIP) to accelerate the transactions between investee and investors in the lithium-ion battery value chain including mining. The BIP was launched at an event in Brussels on 25 September 2019 which Savannah staff attended. EIT InnoEnergy is targeting €70 billion of transactions through the BIP between 2019 and 2023."

[greatfull dead] 08/11/2019 09:25

It will be necessary to have an accredited body or bodies that insure that all aspects related to mining to recycling are checked and certified. This is standard practice in Europe, USA, Canada, Russia etc.

GLA,
GD

[inbrackets] 08/11/2019 09:21

In amongst it all I seem to remember dates in late September being used historically, so these must be very recent additions.

[ged5] 08/11/2019 09:06

No need to apologise IB. I'm not sure how long the information has been there. I've not looked at the pages on lithium. I do note that the collaboration started in January 2019 so not sure where they are up to. All very interesting.

This from the link on that page:-

Objective

A number of global political, environmental and technological trends are driving the demand towards a rapid increase in Lithium-ion batteries, turning it to a strategically important domain for both industry and society. The increase in demand puts pressure on raw material supply and processing. Critical elements for which global supply shortage may occur include Cobalt, and Lithium. According to the European Commission Report “Lithium-ion battery value chain and related opportunities for Europe”, the EU industry has some production base in all segments of the battery value chain, but it is far from being self-sufficient. In the raw and processed materials, cell component and cell manufacturing value chain segments Europe hold a minor share of the market.
The solution (technology)

The proposed project shall validate the technological, economic, legal and social viability of a novel electrochemical process, using hydro-electric power, to directly convert spodumene concentrate into high purity lithium hydroxide. Spodumene concentrate will be sourced primarily from European producers, thereby fostering the development of a sustainable European value chain. This project’s plans also include setting up a European refinery which will become operational from 2023.

Partnership

Aurora Lithium AB, Sweden (Lead Partner)
ECM Lithium AT GmbH, Austria
FLSmidth A/S, Denmark
Keliber Oy, Finland
Luleå University of Technology (LTU), Sweden
Outotec (Finland) Oy, Finland
Outotec Oyj, Finland
Savannah Resources, United Kingdom
Woxna Graphite AB, Sweden

[inbrackets] 08/11/2019 08:30

Whilst I am glad to see the additional pages confirming our position within the various EU networks, I have perhaps been guilty of reading too much into things as a pilot plant project. This more likely to be an academic review of MDB rather than being the showcase show home that I was perhaps seeing with the rosier tinted and more hopeful specs. Apologies if anyone's BP has been raised unnecessarily.

[greatfull dead] 08/11/2019 08:05

Inbrackets,

Thank you for posting that info. I have only read the cover page so far but will finish the remainder.

ATB,
GD

[inbrackets] 07/11/2019 22:25

Roll out is starting by the looks of things. Confirms that MdB has been chosen as the European pilot mine (so MLs would seem to be a non issue) and says that a processing plant is on the cards by 2023 though unconfirmed siting as yet. Huge amount of info making good reading. Finally there is something positive.

[paleje] 31/10/2019 14:19

Lets hope it's MIA, Ged, and that it's only action of an intense business nature which will result soon in an end to radio silence and some reassuring statements. Although I've said before and still think the macro gloom needs to lift a bit before we can get back towards double digits.

It seems nobody wants to commit too far ahead until there's more light. It's not just here it's across the sector.

[ged5] 31/10/2019 14:07

Well someone must be in the office!

[inbrackets] 31/10/2019 10:10

Bèing senior NED is not charity work, though it wouldn't prevent DA from donating the fees to His chosen charities if minded.

[ged5] 31/10/2019 09:47

Thanks, Paleje. At least you've not gone missing.

Did he get paid there as well?

[paleje] 31/10/2019 07:29

Noticed this morning DA giving up his role as senior NED on board of Anglo Pacific 'to focus on his other interests'. I should cocoa.

[paleje] 30/10/2019 20:56

10 min charging in 2 to 3 years.

[paleje] 27/10/2019 09:46

I think it's still on the cusp, but it's a longer cusp hence the dip in interest. Where early moved to mid 2020's, now 2027 being slipped into articles as per the extract below from todays ST. But the numbers are still staggering and electric air taxis, which is what this article is actually about, will add to them:-

Gene Berdichevsky, co-founder of battery developer Sila Nanotechnologies, said the sector would benefit by “drafting on the innovation in the automotive sector”.

Two years ago, the global production of batteries for cars was roughly equal to the production for consumer devices such as mobile phones. Today, it is four times larger. By 2027, auto battery output will be 40 times bigger than battery production for personal devices.

The second change is that electric motors are more efficient, packing greater power in lighter structures.

Wiegand’s craft looks odd: a white pod with two sets of fixed wings packed with 36 small, enclosed fans that Wiegand compared to hair dryers: “Each hair dryer is about 60 horsepower.”

While the industry appears to think technology hurdles have been overcome, a cursory look at the designs exposes the immaturity of the market. They vary wildly, from Lilium’s sleek hair dryers to Bell’s huge tilting rotors to Kitty Hawk’s inverted-wing craft. It’s akin to the early days of the mobile revolution, when companies experimented with flip phones, styluses and keyboards before settling on a simple touchscreen.

Wiegand expects air taxis to follow a similar path. “It depends what you are optimising for,” he said. “Do you want efficient hover? For noise? For range? There may be two or three or four different architectures that prevail, but not the 50 versions we see right now.”

The other point on which most agree is that, ultimately, air taxis will be available at costs similar to ground-based ride-hailing. Journey times will be so quick that a single aircraft could do several trips in the time one taxi would be stuck in gridlock. Moore said: “Each of these aircraft will be as productive in generating revenue as 20 UberX [cars] on the ground.”

However, the reality is likely to be more turbulent — and further off — than many in the industry expect. The question is: which of these schemes will fly?

[inbrackets] 25/10/2019 20:18

https://twitter.com/lithiumionbull/status/1187719371713585152?s=21An early warning from Howard Klein about his upcoming Lithium Bull podcast which is invariably worth a good listen.Always good to see what is strategically placed on his desk and I see that Portugal and Savannah are taking centre stage. Hopefully any comments he makes will not concentrate entirely on the recent collapse in price and placing but on the potential that is on the cusp.

[inbrackets] 24/10/2019 14:33

Thanks for the link.

[ged5] 24/10/2019 11:47

Probably nothing to worry about. It's not to do with the areas SAV are interested in but I didn't particularly like the idea there might be some corruption.

[inbrackets] 24/10/2019 11:41

Hi Ged,Know what you mean. TR1s with readjusted %holdings are hardly likely to spark a flicker.I hadn't heard whispers of corruption in Portugal....must be reading the wrong sort of news. Pray tell. Fill us in.

[jotoha2] 24/10/2019 11:16

Company is rather slow at developing it's assets , are the management up to it , living of past reputations is no guarantee of future goodies.

[ged5] 24/10/2019 11:02

Thanks for posting,IB.

Only just got around to listening. Indeed an interesting listen.

Ponder maybe but at the moment I just can't raise any enthusiasm.

Delays in Oman, trouble in Mozambique, alleged corruption in Portugal, deathly silence from SAV. I emailed about 2 weeks ago asking whether there should be an RNS - silence.

Just waiting for the metallurgical results and EIA. Maybe they could deliver on the amended dates just for once!

[inbrackets] 24/10/2019 10:00

I know this is speculation but the future may show how far off the mark it is.Just been re-reading the article regards BMW sourcing their own supply rather than via intermediaries for Lithium and cobalt. I noted that they were using'The German Society for International Cooperation (GIZ)' to police this for them.Is that not the group that visited our Moz operation a while back without any real reason given at the time. Seem to remember comment of background checks being undertaken though thought it might be the EU bodies not BMW. Who knows, might have had nothing to do with it.https://twitter.com/savannahres/status/1164424539650101248?s=21Well maybe their involvement was only related to coconut trees. But interesting intertwine with the Rio flag flying here and the other recent comments on RTs search for Lithium and ........etc, etc https://twitter.com/SavannahRes/status/1164424539650101248Reason to ponder?