Savannah Resources Share Discussion Threads

[stockhunters] 10/12/2020 18:47

no brainer in electric vehicle boom sav has one of the biggest resources of all listed companies

huge breakout in motion i bought more today retest of 3p then boom boom?

[ged5] 10/12/2020 16:19

Thanks for the link, IB. Let's hope he keeps to the deadlines for once.

[inbrackets] 10/12/2020 15:44

It's an investment not a TO that is sought.

[inbrackets] 10/12/2020 15:39

https://www.youtube.com/watch?v=kEaGVYr90Mo&utm_content=148425882&utm_medium=social&utm_source=twitter&hss_channel=tw-2491158522In the presentation he states quite clearly that there will be an investment and implies a number of offtake agreements.

[jotoha2] 10/12/2020 15:04

If there is an offer then the BOD should accept , now what about the price 6p would be fully accepted am sure .

[ged5] 10/12/2020 15:01

Does that market know we have the biggest deposit in WESTERN Europe>

Cinovec and Serbia are bigger.

Concentrate on the grades. Very similar to those in Australia.

What about mentioning the latest tweet from SAV.

Do you think they are hinting about an offer for SAV.?

[stockhunters] 10/12/2020 14:40

everything lithium flying

does that market know we have the biggest deposit in europe!!!!!!!!


load up

[jotoha2] 10/12/2020 12:15

Lithium is on everyones radar , so come on DA lets have a ground breaking announcement .

[jotoha2] 10/12/2020 10:15

When it wakes up .

[stockhunters] 10/12/2020 09:53

lithium boom boom

[2603] 10/12/2020 07:18

Cheers trader thanks for the charts. Fundamentally this looks good and now technically this looks like it’s turning. It’s definitely worth a punt for at least a double money and more. Holding 3 penny stocks now. Bloody hell what have you turned me into. Hahaha 😂

[trader536] 09/12/2020 21:49

2603 - cheers for mentioning this one. Coincidently it also came up on my technical screener today after the MACD H popped into the green zone to align with my other tec indicators. Also the EMA's are stacked in the right order.....





The monthly picture is starting to look quite pretty too....

[tidy 2] 09/12/2020 16:17

@SavannahRes helping to build the 2025 European Battery Industry and presenting at the EIT Iberian Battery Summit tomorrow, Wednesday 9 December info.innoenergy.com/eit-innoenergy...#NetZero #EnergyTransition #Lithium#SAV - Europe's Lithium Leader

[jotoha2] 09/12/2020 15:24

Would be good if it closes above 3.5p .

[stockhunters] 09/12/2020 11:26

ev boom gaining pace means lithium stocks gain pace

fear of missing out kicking in

[sif12] 09/12/2020 10:43

As per my post from yesterday my very basic calcs align with the scoping report... ie around $70m EBITDA.. on a 10 time multiple thats around £500 Mcap..(35 pence without any dilution) so significant potential. but imagine thats where SAV could get to once approved, work started etc so 2-3 years from here.

EDIT: the above is only Portugal. so additional value from Mozambique

The current and obvious risk around approval is fair. A shaky coalition gov, may not want to upset voters, but Portugal is desperate for investment/ income..

so my view is it gets approved although there may be more hiccups along the way, delays legal challenges etc.

So lithium share going up and the guardian article are the reason for current rise, but sustained uptrend really will be off the approval... Q1 next year??

seems like there's also a lack of share liquidity hence the spikes up.. but could also come down just as fast..

sif

[ukgeorge] 09/12/2020 10:02

Most other lithium shares have risen strongly over the last few months, so fingers crossed this is the start of a decent move. Roll on 5p+

[paleje] 09/12/2020 09:59

Well long may it last, the lithium market in general is improving so fingers crossed.

[ged5] 09/12/2020 09:54

I don't think any of us saw this coming, Paleje. I was looking at the chart over the weekend and had this down as a potential buy. The Guardian article seems to have been the catalyst.

Highest volume yesterday for a couple of months.

[flc] 09/12/2020 09:27

Don't think he had much choice...sell shares or lose his hotel.

[paleje] 09/12/2020 09:18

Is this rise for real, I hope so but it would suggest that David sold at a really rubbish price by comparison only a week or so ago. He didn't see this coming?

[jotoha2] 09/12/2020 09:13

Hit 3.4p intraday yesterday , so 3.9p today will confirm new uptrend in place!!

[swanvesta] 08/12/2020 17:12

UKGeorge, "they have a solution, but no technology to get the li out of it." Hmm, you mean no scaled-up technology? But DLE seems increasingly to be a "thing" these days and PFS is due fairly shortly.

[jotoha2] 08/12/2020 15:44

It lost 50% of its rise this pm , so certainly day traders came and went , lets see what happens tomorrow and whether DA comes up with anything substantial.

[sif12] 08/12/2020 15:39

I dont think this is a P & D. there was interest from the guardian article, that buying pressure was probably picked up by a few day traders who got 15-20% and then sold..

so there's some substance behind the rise