Savannah Resources Share Discussion Threads

[goodday1] 23/8/2023 07:29

Here they come calmly. LolNew accounts here & LSE to take the sting from the discredited accounts.The Sp going backwards and we are back in the era of, do not buy today as you can buy cheaper tomorrow.I honestly fear we may hit the 2p in the upcoming sessions.You can not make it up even at SAV.Gl all

[futurum1] 22/8/2023 13:41

I take the drop with real calm because as we all know this is a marathon and not a sprint. And do as UKGeorge, top up by buying the shares of the impatient souls :)

[ukgeorge] 22/8/2023 13:07

Time to have a top up.

Great to be able to do it under the recent raise price.

[reba] 22/8/2023 10:25

You are right, we need some good news. The share price has dropped 30% since 1st of July.
The EU want to bank some heads together in Portugal and get things moving. This has gone on too long now and everyone in Europe will end up importing Lithium from somewhere else in the world. What a shame, they have the largest find of Lithium to supply the manufacture of thousands of batteries , and some minority group is holding the job up.

[themightyali] 22/8/2023 08:38

News, we need news!

[themightyali] 22/8/2023 08:38

News, we need news!

[goodday1] 21/8/2023 08:55

The LSE plonker doing his imminently imminent with his 16:15 on 18/8/2023 but in a roundabout way. LolGo all

[olaorla] 14/8/2023 12:44

Sensible Inbrackets. After 6 years of trying to rebuild a house in Portugal I have become accustomed to the inertia of Portuguese bureaucracy - and that is being kind. I'm hoping to finish next year and flee to the sanity of elsewhere - anywhere! Something will happen eventually - but more likely if people with strong political connections to the right people etc acquires this business.

[wanna brew] 12/8/2023 22:19

A very informative read https://www.npr.org/2023/07/01/1184867278/sweden-northvolt-electric-car-lithium-battery

[ged5] 12/8/2023 13:10

Wanna brew,

One of the two trades at 2.31 cancelled the the other one. I suspect someone made an error and the trade at 3.8325 was the correct one.

Still catching up after a holiday so not sure when to expect the next news. At least football has returned!

[wanna brew] 12/8/2023 12:58

Finger trouble sending that before finishing lol Anyway the wait bit was, sit back and wait for an IPO of Northvolt or Aurora depending on the paper offer. Then I suddenly woke up.

[wanna brew] 12/8/2023 12:52

A nice combination of cash and a paper offer from Aurora ie Northvolt and Galp. Then sit and wait for Anyone's guess at the moment at what's really going on but those 2 x 1m sells at under 3p are intriguing. Was a holding notification threshold crossed and had to be readdressed for some reason. It's all conjecture but a selling off has occurred and would appear to be pushed on at all costs with those sells.

[inbrackets] 11/8/2023 23:06

It wouldn't surprise me one bit if it turns out that they call this concert party Aurora.

[wanna brew] 11/8/2023 18:11

Some clearing of the decks this afternoon.

[inbrackets] 10/8/2023 23:29

Yes it could come sooner but they have outlined a time horizon to talk to interested parties, whittle down and tie it down. It certainly wasn't being done and finalised over theEuropean holidays, so not much point in august expo. Other things to come before, resource upgrade etc, Crack on Macduff but realistically whilst I may hope for it, any early news is not an expectation, at least of mine.

[themightyali] 10/8/2023 21:37

They can work on and make some off take announcements in parallel! That does not require them to wait till 2024!

[wanna brew] 10/8/2023 17:16

Well said Ged

[ged5] 10/8/2023 17:02

The process is frustrating for everyone but you can't complain about the communication. Even DA replied promptly to emails.

Following the positive DIA, Savannah expects the remainder of the environmental licencing process to take 9-12 months to complete. Hence, the Company expects the Project to receive its Environmental Licence in 2024.



Did you get to Porto, George?

[wanna brew] 10/8/2023 17:00

They can't communicate much more than they've done in the last couple of months, or so , unless you expect a daily commentary. We have a timescales RNS where a timetable has been laid out about the steps to be taken in the near term. Unfortunately it looks like someone wants to reduce, who knows why but there it is. Imo there is a huge gain to be made here. There are regularly some very odd trades here in single, double figures. Let's see where this is nearer year end.

[reba] 10/8/2023 16:39

You said it George. Presentation after Presentation, promise after Promise, and sweet FA. No news of any prospective customers showing an interest in buying the products, [if and when we get the go ahead}. consequently we sit and watch the share price drift down and down every bloody day.
For Gods sake when are we going to get permission to mine, or tell us what is holding things up, give us some idea of time scale so we can expect some sort of news and at least have communication with us.

[ged5] 09/8/2023 10:40

For reference the chart is in post 58052 on the Wanobi thread with ticker AAZ.

[ged5] 09/8/2023 10:36

FLC, I wrote this in post 155:-

"Could be some short term weakness in the share price but once the news starts arriving I can see multiples of this share price "

I also mentioned in a previous post there was a gap in the chart just under 4p.

Both of these events seem to happen time after time on AIM.

The weakness always happens after such a placing and the gap has today been filled.

There is so much good news to come and this will rise of that I'm sure.

Just one little trading event to overcome. Wanobi on the Wan thread kindly produced a chart for SAV which shows the 13 day moving average go below the 49 day moving average. Apparently that is a sell signal for traders. Until the news arrives it might be as well to keep your eye on the trading charts. All imo.

Yes IB multiples of this share price and yes back to a December meet up in Manchester sounds about the right time.