Savannah Resources Share Discussion Threads

[wanna brew] 31/10/2023 19:43

Don't worry Musk is in town and ready to ink a deal lol

[goodday1] 31/10/2023 07:51

I appreciate SAV not being a producer & here we go again fundraising R US.After all, it is a Sprott Capital speciality.It seems to be the first priority of the new boss.Let us hope they get the share price up and then do it at a premium.Living in hope.Gl all

[wanna brew] 27/10/2023 16:04

Well I suppose GR, to be accurate the asset is in Portugal, just in case you're interested:)

[wanna brew] 27/10/2023 15:14

Someone tell GR there's a good asset in the U.K. currently going very cheap :)Industry news .,., and from other reports it would appear that GR is possibly hostile to the takeover having close to a 20% holding there too. https://stockhead.com.au/resources/ground-breakers-azure-attracts-1-63bn-sqm-splurge-nabbing-holders-a-1430-gain/https://www.mining.com/rinehart-may-block-sqm-1bn-takeover-of-azure-minerals/

[weaverbeever] 25/10/2023 10:01

Anyone here in FRG? Fire ring strategic minerals. Only 5 mil market cap. Released an RNS today. Very early with significant upside potential. Potentially very big lithium deposit. I've taken a punt.

[wanna brew] 23/10/2023 18:52

Our equivalent valuation say of 110m aus d at current exchange rates says it all. AND Azure have yet to have any resources confirmed. Still drilling.

[wanna brew] 23/10/2023 17:58

More corporate lithium news https://stockhead.com.au/resources/monsters-of-rock-azure-lithium-takeover-in-the-works-syrah-stonks/It's all happening in Oz

[wanna brew] 23/10/2023 17:15

A name that may be of interest here one day, amongst others Hanrine Future Metals

[wanna brew] 23/10/2023 11:14

I hear you mate. BUT until the big money arrives here, the Co can prove up as much resources as of likes, it will still need the big money to get it out of the ground. Industry news such as what A was willing to pay per share and still then have so much more to invest. And a fight broke out over it at that. Red days are here for a reason, really blue days will only happen once a partner or buyer is announced. But as I said, I hear you.

[goodday1] 23/10/2023 09:15

Give it a rest, mate.I remember when we were in Oman.Every other post was a comparison to PAM!Please do not go down that rabbit hole again.Will this week carry on from Thursday and Friday or revert to the better days of Monday and Tuesday last week?Have we not had enough of red days?Gl all

[wanna brew] 20/10/2023 17:10

https://www.ginarinehart.com.au/lithium-pursuit/

[wanna brew] 20/10/2023 16:58

Sorry guys couldn't resist this one. Very interesting read all the way through to the end. https://www.ft.com/content/8f7cb684-a385-437e-9f40-4b533e851add

[wanna brew] 20/10/2023 10:39

Last reference from me re Liontown, promise. Something from article re lithium prices is of interest to all. Macquarie analysts last month gave some hope of a better market for the vital ingredient for battery production, saying China's lithium supply is expected to slip into deficit as the country's refiners cut production.China produces the bulk of the world's lithium. "[A] sharp supply cut into peak season could drive a price rebound", the analysts said in a note.https://www.smh.com.au/business/companies/liontown-s-lithium-rollercoaster-crashes-after-funding-scramble-20231020-p5edtx.html

[wanna brew] 19/10/2023 16:15

https://www.investorschronicle.co.uk/news/2023/10/18/why-lithium-miners-are-falling-behind-in-the-ev-race/

[reba] 19/10/2023 12:56

Listened to the broadcast
What a problem for the farmer who stated ( what I am I going to do if I sell )
Could have a good time spending all the money of the sale. Also he could have a clause included that after the mine closes he gets the land back for nothing.
Nice situation to be in

[wanna brew] 19/10/2023 12:35

Portugal's Barroso lithium mine project faces villagers' ire https://www.bbc.co.uk/news/world-europe-67135047We know all of this and as the story says if an agreement can't be reached the Government could expropriate the land land. Obviously there is wish to try and seek agreement but expropriation could be used as last resort. For the Portuguese Government , EU and others the potential of this project is too big to allow local opinion to pursue its failure.

[spawny100] 19/10/2023 11:23

Just been on R4 from our own correspondent re the mines in Portugal.

[r9505571] 19/10/2023 11:22

Was a bit of coverage on BBC radio 4 this morning! Mine in Portugal is on a UN Heritage site and farmers don't want to sell! #lithium

[wanna brew] 19/10/2023 11:04

Hmm .... Now I wonder how many short position Institutions have take part in the placement. By my calculations shares to be issued roughly equates to the 200m reported to be short.SAV is not Liontown and I don't mean to be overly sceptical but a pi can never compete, just buy, hold and fingers crossed see movement here once partners have been chosen or an full on approach is made. Liontown placement. " comprising a fully underwritten institutional placement to raise an initial A$365-million,"

[wanna brew] 19/10/2023 10:35

There's money about for the right project. Let's hope there's the same appetite here but not at. 25% discounthttps://www.miningweekly.com/article/liontown-unveils-a113bn-funding-plans-2023-10-19

[reba] 19/10/2023 09:46

good read wanna brew.
Question is will the EU force Portugal to act on the enormous quantity of Lithium found, and will they insist that the mining licences are issued and permission is given to proceed, irrespective of the minority holding this job up. The EU have got to act on this quickly to get things going, not only to reduce the massive debt Portugal has a member country but to supply the organisation with European based Lithium.

[wanna brew] 18/10/2023 19:58

https://www.mining-technology.com/news/eu-china-lithium-reliance/

[wanna brew] 18/10/2023 19:31

https://www.proactiveinvestors.co.uk/companies/news/1030152/lithium-price-drops-opportunity-knocks-1030152.html

[wanna brew] 18/10/2023 16:01

This one para taken from that article show that whilst not related to SAV, currently, how other forces at play can have influences. With an estimated 200 M shares still out on short. Naturally, some real-money funds think $2.20 to $2.60 a share is too high a price for Liontown to kick off raising talks now that the immediate M&A control premium has evaporated.Questions were also being asked about how firm the commitments for $760 million in debt were, although Liontown has been working on the financing for a while.Lastly, there's also the question of how short sellers could influence the pricing. The initial version of the raise would see Liontown issue about 180 million shares if pricing lands on the bottom-end of the range. But it is understood to have north of 200 million shares shorted, as hedge funds traded around Rinehart's intensive shopping trips throughout September.