Savannah Resources Share Discussion Threads

[ged5] 01/6/2023 11:50

Thanks IB! Unfortunately ADVFN doesn't allow a change to the title of the header but I can add any text or links.

[inbrackets] 01/6/2023 11:47

Savannah Resources - Barossa Lithium Project. ?

[wanna brew] 01/6/2023 11:34

Going to interesting to see if they appoint a CEO, surely the technical director can't double up for too much longer.

[ged5] 01/6/2023 11:32

This thread is now out of date. Started a new thread here:-

[ged5] 01/6/2023 11:31

Old thread is out of date. Will update when time allows. Please feel free to make suggestions for header

[ged5] 01/6/2023 11:29

!
!FOLLOWFEED

Number of shares in issue:- 1 830 161 784

A lithium development company targeting production of Spodumene concentrate from 2026.
Largest spodumene lithium resource in Europe (27Mt at 1.06% Li 2O) with significant exploration upside

Norway will phase out internal combustion engines by 2025
Netherlands and India by 2030
Other EU and Britain by 2035

More recent article:-


Company Website


Latest Presentation January 2024

Interview with Dale Ferguson about the scoping Scoping Study June 2023

Major Shareholders

Al Marjan Limited No. of shares 275,762,589 Percentage 15.1

Slipstream Resources Investments Pty Ltd No. of shares 148,274,045 Percentage 8.1

Matthew King - Chairman 3,564,394 0.19%

Dale Ferguson - CEO* 4,701,986 0.26%

James Leahy - NED 1,682,955 0.09%

Diogo Da Silveira - NED 1,070,663 0.06%

The above figures from the SAV website in June 2023. Only those above 3% now showing.

Sascha Keen CSO 1,773,361 0.1% (RNS 21st Apr '23)

Ms. Mary Jo Jacobi NED 572,900 0.03% (RNS 23rd Nov '23)

Mr. Emanuel Proença CEO 2,736,880 0.15% (RNS 15th Apr'24)

Mr. Bruce Griffin NED 1,110,572 0.06% (RNS 23rd Nov '23)

*Dale Ferguson, the Company's CEO, is also a Director of and minority shareholder in Slipstream Resources Investments Pty Ltd. (see above).

Spodumene Concentrate prices per metric tonne

[wanna brew] 01/6/2023 11:19

Please do not be too free with what most would accept, although what you say is likely as my post yesterday. All mine nicely isa'd looking for long term growth.

[ukgeorge] 01/6/2023 10:06

I would think fair price now should be near 10p
1 year 15p
longer term likely a takeover happens, I think most would take 20p or so.

It is so nice for this hurdle to be over now and the company can actually start doing things that should promote the share price. First up updated scoping study with higher lithium prices. That should highlight that the project is worth x amount and the IRR should be very good for the mining industry.

[weaverbeever] 01/6/2023 09:57

To you guys who are more experienced than me. Realistically where would you expect the share price to be in say 1, 3 and 5 years?

[tommy ten chins] 01/6/2023 09:09

That 121487 was me buying. That's not the first time a buy of mine was a sell.

[ukgeorge] 01/6/2023 08:45

Nice steady rise long may in continue. Massively de risked now.

[goodday1] 31/5/2023 19:41

hTTps://twitter.com/brr_mediauk/status/1663911032568389636?s=46&t=wfsOgfWHdwyExVA_MX6XYQGl all

[pugugly] 31/5/2023 18:30

Now headlined in the FT - Should see another share price boost tomorrow.

[ged5] 31/5/2023 17:22

From page 3 of today's presentation, Bronco:-

Key environmental licencing approval received May-23,
targeting production in 2026

[broncowarrior] 31/5/2023 17:11

So scoping study and then DFS this time next year. Then funding and mine build. Probably 2025 for stuff being taken out of the ground.

[ukgeorge] 31/5/2023 16:33

Good interview. Hopefully the market wakes up over the next few months

[inbrackets] 31/5/2023 15:14

https://www.brrmedia.co.uk/broadcasts/6475b811c0e842f4c6ea9840/savannah-resources-plc-positive-dia-for-barroso-lithium-project/

[goodday1] 31/5/2023 14:42

inbrackets, be positive, everything is imminently imminent & eventually, everything will be history.LolGl all

[inbrackets] 31/5/2023 14:07

https://1drv.ms/u/s!Aj9GP1JfVKzhgaIetgYAkb5JdsY4lwJust under 2 years ago, this segment was part of Joe Lowry's Global Lithium Podcast. Little did I know everything was about to stop for tea / article 16, but aside from that much else remains in place - yet more gigafactories, etc etc.With SAVs new experience in the permitting field, one might hope further areas would be available when the auctions are launched. It will enable me to continue in my state of delusional optimism for some years to come.

[wanna brew] 31/5/2023 13:01

My main concern from this moment is that we don't get taken out by a major or private equity group on the cheap. Personally I would like to see SAV grow from this minnow into a major and reap the longer term rewards.

[wanna brew] 31/5/2023 12:45

? cheers, hopefully more positive press to follow.

[goodday1] 31/5/2023 12:37

You definitely can have a brew now, mate.Thanks for sharing

[wanna brew] 31/5/2023 12:34

https://www.sharesmagazine.co.uk/news/market/1685529443207428700/in-brief-savannah-shares-soar-as-hails-milestone-for-barroso-mine

[ukgeorge] 31/5/2023 11:21

Hoping that SPAngel, brings out an updated forecast and general update as well. Surely a few PR pieces will be on the way. Especially looking forward to the updated scoping study with lithium prices at a multiple of the previous study.

I think at these levels it is likely worth topping up. I'm pretty overweight and have a load of these already so am resisting at the moment.

If we compare the valuation, we are still sub £100M, compared to others like Atlantic li who are valued at double with a similar project.

Surely, longer term a European project is worth more than African assets. Also hopefully our first mover advantage gives us a head start for the other exploration licenses that are to be granted.

Look forward to lots of progress, and reassuring that management bought some recently and are aligned. The car companies and Galp, need to step up and start splashing the cash. They also shouldn't be allowed in on the cheap after providing zero support.

[olaorla] 31/5/2023 11:10

Well done Savannah management. Just spoke with a London financial PR pal. He will alert one of his journalist pals.