Savannah Res. Share Price (SAV)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Savannah Res.	LSE:SAV	London	Ordinary Share	GB00B647W791	ORD 1P

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	+0.45p	+5.52%	8.60p	2,030,387	16:28:48

Bid Price		Offer Price	High Price	Low Price	Open Price
8.50p		8.70p	8.60p	8.10p	8.15p

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Mining		-2.84	-0.53		74.1

Related Shares
Rio Tinto (RIO), Glencore (GLEN), Richland Res (RLD), Mila Resources (MILA)

Savannah Res. (SAV) Latest News

Savannah Res. News

Date	Time	Source	Headline
15/8/2018	17:45	ALNC	Savannah Resources Gets Six Portuguese Licence Applications Rejected
15/8/2018	17:36	ALNCF	Alliance News Flash Headline
15/8/2018	17:33	UKREG	Savannah Resources PLC Non-core Exploration Licence Applications Update
13/8/2018	16:36	UKREG	Savannah Resources PLC Grant of Warrants and PDMR Notification
31/7/2018	17:30	ALNC	Savannah Resources Gets GBP1 Million From Al Marjan After Subscription..
31/7/2018	16:00	UKREG	Savannah Resources PLC Update on £1m Subscription and PDMR Notification
26/7/2018	14:17	ALNC	Savannah Resources Drilling Identifies Expansion At Barroso Project
26/7/2018	07:00	UKREG	Savannah Resources PLC Expansions to Grandao Extended Identified
24/7/2018	12:43	ALNC	Savannah Resources To Pursue Feasibility Study Of Portuguese Project
24/7/2018	07:00	UKREG	Savannah Resources PLC Primero Group Appointed

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Savannah Res. Forums and Chat

Date	Time	Title	Posts
17/8/2018	16:50	SAVANNAH RESOURCES - Copper, Lithium, THM	1,177
18/6/2018	15:32	Interview with Savannah Resources	4
07/3/2018	14:11	Interview with Savannah Resources	-
21/11/2017	11:19	Savannah Resources INTERVIEW with CEO David Archer	1
20/9/2017	08:08	Savannah Resources (SAV) : CEO invested Ј500k and taking no salary	2,853

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Savannah Res. (SAV) Top Chat Posts

Date	Subject
19/8/2018 09:20	Savannah Res. Daily Update: Savannah Res. is listed in the Mining sector of the London Stock Exchange with ticker SAV. The last closing price for Savannah Res. was 8.15p. Savannah Res. has a 4 week average price of 7.79p and a 12 week average price of 7.79p. The 1 year high share price is 16.88p while the 1 year low share price is currently 4.50p. There are currently 861,316,795 shares in issue and the average daily traded volume is 1,540,338 shares. The market capitalisation of Savannah Res. is £74,073,244.37. Read Full Thread Reply
16/8/2018 07:35	broncowarrior: New permits rejected and going to tender. Wasn't priced in so not sure should be any share price reaction. Read Full Thread Follow Reply
24/7/2018 13:19	themightyali: Now what sort of a response is that from the share price Read Full Thread Follow Reply
15/6/2018 10:06	highly geared: GED, SAV are top drawer in terms of presentations and I’ve little doubt Portugal will be mining in 18-24 months. Oman will be as well. Just focus on the free cash flows within 2 years and what it will mean for the share price and divi’s. Read Full Thread Follow Reply
14/6/2018 07:41	nick9013: So 356mn USD is gbp 265mn, or 200mn gbp net to sav...thats 28p net SAV share price worth! Strap in folks Read Full Thread Follow Reply
12/6/2018 09:24	highly geared: Thanks GED, most of my cash is in ARS and will be for the next few years as Tony and Peter create a £ billion company and hopefully allow me to retire (lol). I’ve had some in Sav for about 18 months but had some spare cash and whilst the price had increased 50% I’ve always felt it has some of the best potential of any AIM resource stock but with copper and lithium being the metals to be in for the next 5 years , it,s compelling. Also with DA having serious skin in the game his and our interests are aligned. On Oman, look at the copper grades at c 2% v world industry average around 0.4% and the exploration upside beyond what will be an initial low cost starter operation. I see Oman being a 10-15 year mine chucking out 25ktpa from early 2020-21. That, in itself will generate c £35million free cash. A PE of 10 on that asset alone gives £350 million market cap. Get the ML and provide a clear plan for funding the start up mine and this will absolutely fly as copper is going into supply deficit and we’re likely to see $4/lb in short order. Being Europe’s first lithium producer by 2020 is possible and I suspect the Chinese will come knocking for an off take agreement , this will increase SAV’s share price by multiples in its own right. It may sound fancifully, but SAV has the potential to be a £ billion mid cap within 18 months if all goes well... Read Full Thread Follow Reply
11/6/2018 09:45	nick9013: Look at Kodal minerals and you realise SAV is the right type of company to invest in. KOD has started work on their lithium prospects in Mali more than a year ago and have close to nothing to show for it. No JORC, No study. However, they signed an offtake agreement early on, which i was jealous about relative to SAV. But this clealry didnt help speed up the explo/development process and today, they are raising money from those same guys at a valuation of 10mn GBP (0.13p price) despite trading at 0.40p a few months ago. That is why there is a premium to be paid for a Management team like David Archer and Dale Ferguson. For those new here...dont forget DA invested over 1million dollars of his personal money in the company and didnt receive a salary the first year. So far, he has invested more cash in the company than he has been paid net of tax over the past 5 years. So the only way Savannah is worth it for DA is if he makes a killing on the share price...like us ! We are 1 or 2 weeks away from the scoping study in Portugal... this is very very important and will open the door to very substantial interest from Asset managers and more importantly tier 1 industrial partners. Read Full Thread Follow Reply
15/12/2017 11:11	stephen2010: Check out ALBA. Huge multibag potential. ALBA currently trading at 0.39p target price 6p making a nice 15 bagger. Please read the following: MARKET CAP PUZZLE ❖ Alba (market cap £8.4m) is in a resources neighbourhood populated with listed companies with much enhanced market capitalisations, such as UKOG.L (£134m) and JAY.L (£172m). With either shared project interests or adjacent tenements to these companies, Alba should trade at a much higher valuation than its current token value. Like Bluejay, Alba owns 100% of its ilmenite project. Direct comparisons with UKOG are also instructive. While both companies own other projects, UKOG’s 49.9% of Horse Hill Developments Limited (HHDL), when compared to Alba’s 18.1% means that Alba has approximately one third of the value of Horse Hill compared to UKOG but only about 7% of the market capitalisation. Once the market recognises these disparities, the room for growth in Alba’s share price is undeniable. VALUATION RATIONALE - Our valuation in this First Equity Limited initiation note uses a risked valuation approach for Alba’s two main projects, at Horse Hill and TBS. The Horse Hill licences are valued using independent published technical data from Schlumberger, Xodus and Nutech on the oil potential of the licences, along with our own assumptions on recovery rates, oil discovery value, resource and development risks factors. From this a risked value of $127m net to Alba on a ‘Base Case’ basis is derived for Horse Hill. Given the similar geology and economic potential of both TBS and Dundas, we have adopted a risked closeology valuation approach, by computing an NPV for Dundas of $223m and then applying a three-tiered risked probability calculation to arrive at a value of $54.7m for TBS. Once Alba announce its JORC resource and exploration target at TBS and Bluejay its Feasibility Study results, this number is likely to be revised upwards very rapidly, possibly up to $200m, representing up to 7p per share in additional shareholder value. We compute a valuation of $185m (£139m) for Alba, equating to 6.0p per share, of which 4.1p is attributed to the stake in Horse Hill, 1.8p for TBS. Given this analysis and wealth of valuation catalysts anticipated across the project portfolio in the coming months, we recommend the shares as a ‘BUY, with a Target Price of 6.0p, representing a potential 15 times plus uplift from the current share price. Read Full Thread Follow Reply
08/11/2016 07:50	seagullsslimjim: http://uk.advfn.com/stock-market/london/savannah-res-SAV/share-news/Savannah-Resources-PLC-Initial-3-5-Billion-Tonnes/72854979 Yes, great RNS and only half of the exploration done. Also higher grades when compared to their current heavy sands peer Kenmare!!!... -------------------------------------------------------------------------------- Initial 3.5 Billion Tonnes HMS Resource Defined Tue, 8th Nov 2016 07:00 RNS Number : 5296O Savannah Resources Plc / Index: AIM / Epic: SAV / Sector: Mining 8 November 2016 Savannah Resources Plc Initial 3.5 Billion Tonnes Heavy Mineral Sands Resource Defined Mutamba Consortium, Mozambique Savannah Resources plc (AIM: SAV) ('Savannah' or 'the Company'), announces an initial resource estimation over two of the four deposits currently defined at the Mutamba project in Mozambique (the 'Project' or 'Mutamba') (Figures 1-4). Mutamba, which was previously operated solely by Rio Tinto, forms part of the larger Mutamba/Jangamo Project currently being developed under a Consortium Agreement between Savannah and Rio Tinto, as announced on 11 October 2016. Savannah holds a 10% interest in the joint project with the right to earn up to 51%, subject to key milestones being met. To view the press release with the illustrative maps, diagrams and JORC Table 1 please use the following link: http://www.rns-pdf.londonstockexchange.com/rns/5296O_-2016-11-7.pdf HIGHLIGHTS: · Initial Indicated and Inferred Mineral Resource Estimate of 3.5 billion tonnes at 3.8% Total Heavy Minerals (THM) · Mineral Resource Estimate contains 81 million tonnes ("Mt") of ilmenite, 2.2Mt rutile and 3.8Mt zircon · 52% of Mineral Resource in the Indicated Category, 48% in the Inferred Category · Initial resource calculation covers the Jangamo and Dongane deposits at Mutamba - note the Jangamo deposit includes both Rio Tinto's Jangamo deposit and Savannahs Jangamo deposit where an established resource of 65Mt at 4.2% THM was previously defined · Resource compares favourably against Mozambique mineral sands producer Kenmare Resources 31 December 2015 global resource of 6.5Bt at 2.9% THM and mining reserve of 1.6Bt at 3.3%THM · Resource estimation in respect of the Ravene and Chilubane deposits still to be completed · Mineral Resource Estimate of the Jangamo and Dongane deposits has defined large areas of >5%THM, which will form the focus of the upcoming scoping study · A scoping study which is expected to take 3-4 months will commence shortly Savannah's CEO, David Archer said: "The completion of our initial Mineral Resource Estimation of the Jangamo and Dongane deposits is a major milestone for Savannah and our consortium partner, Rio Tinto. The results underscore the fact that the Mutamba project is one of the largest ilmenite dominant, mineral sands accumulations on the east coast of Africa. "While we are delighted with the outcome, what it really means is that we now have an exceptional foundation for our scoping study of the Project. The scoping study will focus on the areas of mineral occurrence which are most prospective in terms of size and grade, with little to no overburden factors, which should facilitate simple, low cost mining. Savannah believes that there is an excellent opportunity to potentially define an initial phase, low capex, long life, dry mining project of around a 200Mt well graded resource, associated with a series of reworked coastal dunes. "The Project is well located with easy access to a power line, the EN1 highway, the Inhambane bay (which is naturally protected from the elements) and the Inhambane airport, providing significant advantages to any potential development. We believe that the Inhambane and Gaza Provinces, where the deposits are located, are an excellent investment destination within the country." Jangamo and Dongane Mineral Resource Estimation The Mutamba Project comprises four main deposits, namely Jangamo, Dongane, Ravene and Chilubane. The initial Mineral Resource Estimation covers the Jangamo and Dongane deposits only, with work now underway on defining the JORC resources for Ravene and Chilubane. The resource being defined at the Mutamba includes the current established resource of 65Mt at 4.2% THM defined at Savannahs Jangamo Project. The two projects together form the unified Mutamba Project being developed by Savannah in conjunction with Rio Tinto. Read Full Thread Follow Reply
25/7/2016 20:17	seagullsslimjim: BORROWED FROM THE OTEHR BOARD - A Great Summary of SAV for newbies looking in and its undeniable potential in the short, medium and long term !......... "I have been scouting investment ideas in Natural resources companies for weeks/months now and I can't find companies with solid fundamentals and great upside from current share prices. There are a few listed minnows trading below cash value (or equivalents), which is attractive, but the liquidity is often very poor and the upside is limited to that cash amount (which happens to burn fast due to directors salaries and other admin costs and lack of growth prospects). So where do we stand with SAV? First the subjective/qualitative part: I have met David Archer several times and I think he is the right type of executive. Calm, humble but focused on the objective. His past record suggests he's been successful multiple times thanks to those attributes. For more info on DA, check out the article from 2008 in The Australian website. The title of the article is �wine hills overflow with miners�. His technical director Dale Ferguson is also top quality with proven successes in the past and a great attitude. Btw, all this talk above might sound abstract or too subjective to be taken seriously but this matters enormously in the end (notice how warren buffett insist on the quality of his managers). So many CEOs & directors in small listed companies only do their job to afford a decent lifestyle and enjoy the upside if the macro momentum helps their share prices (I don't actually blame them as long as they do it legally but for investors, this is often painful). DA is a genuine company builder with a personal interest in generating wealth for himself over the medium term. Now to the objective/quantitative part: HMS in Mozambique: To put it simply: this is potentially huge. A bit of history: Dale Ferguson noticed this company Matilda struggling for cash, seating on this virgin field, adjacent to RioTinto world class Mutamba deposit. He realizes that it is very likely some of the Mutamba deposit might extend into the Jangamo tenement. So he alerts David and they quickly make an approach. After a few surveys and drills, they realize they do indeed sit on a potentially major deposit of their own. As promised, they published a JORC resource before year end 2014 (which due to misunderstanding on the part of some private investors/bloggers disappointed the market), To prove that the Jangamo tenement and the small JORC defined were the real deal, David managed to get Rio Tinto to sign a JV agreement (yet to be approved by the government I know) to join their combined deposit and let Savannah take care of the project. The reason Rio did this deal is to avoid losing their licence after having spent dozen of millions of $ (one needs to keep progressing/spending to maintain ownership of the licence) while focusing on other commodities (iron ore, copper..) for the time being. Note that Rio, at anytime, can kick SAV out of the deal if they wish to.but at a cost. This works as follows (assuming the JV is approved by the govt..could be any time now): Right now, SAV would own 10% of the joint deposit. At this stage Rio can decide to cancel the JV and pay a multiple of the costs we incurred on our Jangamo tenement. My understanding is that it could be worth a few millions USD. To be honest, this would be a very disappointing scenario but I think its almost impossible this happens and if it were to happen, so SAV is left with their Jangamo tenement (as per the current situation) with a few millions USD in the bank account. So we could progress our tenement further (without Rio) or focus the cash on our Omani activities. So it would still be decent situation for SAV to be in but I much prefer staying in the JV for the time being. The reason why I think its almost impossible we get kicked out at 10% stage is because the point of this JV is for Rio to not be involved in the project in the short term. What I think is more likely to happen is that Rio starts to wake up when the nascent recovery in HMS prices materialize further and the project starts to take shape (PFS or DFS stage). And in that case, im OK with SAV getting kicked out ! Heres why: Once we have the government approval, SAV is gonna rush to get a scoping study out. This is likely to take a few months only. At that stage, SAV gains 20% of the JV and the kick-out terms becomes the payback of the NPV of the SAVs share of the JV. My understanding from David is that he wants to focus on developing a mine plan for the first 200mln tonne of very high grade deposit. We are talking about 10%+ grades for the first 100-200mln tonnes. If you have a look at Base resources and the research reports, this is exactly how they did it and this create NPV (net of capex) around $ 400mln. So 20% of $400mln is approx worth 15p/share. I believe this is the worst case scenario ! After the scoping study, we get 35% ownership of the JV once we publish a PFS and then 51% with a DFS. This takes you to a value of 26p/share and 38p/share respectively net to SAV. And this is for the first 200mln tone mine plan. Don't forget the JV has billions of tones at 3-5% grade (as per Rios published data). The entire JV has the potential (very long term) for multi-billion NPVs. Onto copper in Oman: So here is a very different approach, more in line with David and Dales past experience: small, high grade, low capex, quick payback, high IRR. To be clear the Oman copper project is unlikely to ever attract a major mining company. And this is because the total size of the project is irrelevant for the multibillion mcap majors. However, this is amazing economics for the small and medium size companies. And the payback is very quick. As David mentioned several times, he plans to produce before year-end 2017, that is less than 18 months away. We are still waiting for further results from the drilling campaign but David and Dale feel very confident they have enough deposit to produce over 300k tonnes of copper over time (with gold upside). This kind of project can easily generate 50-100mln $ of cash flow per year. SAV retains on average 65% of the ownership of the licences across the blocks. So those cash flows can be quite meaningful to SAV once they kick in (starting end 2017). By assuming the mine will generate $75mln/year and that SAV will lose another third of the project due to dilutive financing (I have good news there too) and that the mine produces for only 7 years, this project would be worth over 20p/share to SAV. Now comes the good news: Since we plan to produce by yearend 2017, it means we need the money for Capex very soon and start developing the mine. We have one major investor in the name of Al Marjan. Now that we have the board members RNS, we realize that those guys are uber influential in Oman business (former minister for industry and former head of chamber of commerce, board member of large commercial bank). I would like to think that they will plan a key role in helping SAV getting the financing for the capex in Oman. This could be in the form of MDO, the new agency in charge of developing non-oil projects to boost the economy or a loan from a commercial bank. This means it is very likely we DON'T lose another third of the project economics. This would make the above numbers (20p./share NPV Oman) too conservative. All the number above assume 400mln Shares (TVR is currently 385mln but there are some warrants/options that would be exercised if we keep rallying). You could be very conservative and round up the share count to 500mln shares (20% extra dilution at Co level). This would make the numbers mentioned above still very attractive(like 17p/share instead of 20p for oman copper and 12p/21p/31p for the first 200mn tone in Moz @ 20%/35%/51% respectively). So as you can imagine I believe the current share price of 4.5p (£17mn mcap) offers amazing value." Read Full Thread Follow Reply
20/10/2015 12:53	swizz: An excellent summary from LVI on LSE......GL S a turning point for SAV (part 1) Created by LeValueInvestor - Today 11:45Today I think 2p (+/-10%) is likely to be the new floor going fwd. The key reason is that we have cash of approx £ 750k (placing + what I estimated was roughly 200-300k of remaining liquidity before that), which should take SAV to Q2 2016. The last 2 placings ( I suspect the first one was with loyal shareholders to enable SAV to buy time while negotiating the bigger placing with strategic local partner) are very high quality relative to what SAV (and most other tiny explorers) usually did (via brokers who manipulate the mkt and dump the stock as soon as they can). The news over the next few months will be very interesting and should ensure that the next time w eneed to raise money, it might be at project specific level (so no dilution at SAV level) or at much higher share price. - we await Moz govt approval on the JV which will allow SAV to publsh a big JORC (we have no control over this approval but I would expect it to happen before year-end). - If so, the JORC will potentially make some positive noise. If this is 1bn+ tones with 3%+ grades (I don’t think we can JORC the full 7-12bn tones Rio indicates just yet), we are talking world class HMS JORC. This will not go unnoticed. - Once we have HMS JORC, SAV can start working on the scoping study. This will be fairly quick (approx 3 months). Remember that scoping study is the first (out of 3) study that will mention the economics of the project (capex, NPV, IRR etc…). This is important because a lot of better –quality brokers will publish on SAV only after the scoping study so they can start extrapolating some kind of valuation based on the project’s economics. My point is that by Q2 next year, we could potentially have respected mining analysts putting valuations on SAV based on world-class HMS deposits/project. My guess is that it will be worth more than £5mln ! a turning point for SAV (part 2) Created by LeValueInvestor - Today 11:48 - On the copper/Oman side, We are awaiting the current drilling results (block 4+5). This should take another 5-6 weeks from now. Based on the VTEM, other producing licences (block 1 – not SAV) and Dale track record in copper mining, we should expect results to be compelling. Once we have those results, we should expect SAV to increase their JORC on block 5 and maybe publish one on Block 4 (extension of Aarja existing mine). - Remember with VMS deposits (im not a geologist but read a few articles on VMS copper), they are small to medium size BUT high grades (cluster). The point being that this can be affordable and high IRR. So the capex numbers required are not crazy amounts and the IRR are abnormally high (think 50%+ as opposed to 20-30% for most other mining projects). So the potential to find financing partners is higher and varied. - Related to the above point, the new local investor might have a role to play there in the future. There have been a lot of articles about how Oman wants to diversify away from oil production and into mining. Having a local instit investor is a step in that direction. I would not be surprised if SAV leverages on this Omani focus to arrange financing on those projects when the time comes. (via partnering with Oman which would help bring foreign investors or via direct financing from Omani entities). It is way too early to speculate more on that but the recent Omani investment is a clear sign of SAV’s closer working relationship with Oman. - Don’t forget that if the copper grades are good at block 4-5, SAV can potentially start producing (which means receiving cashflows) within 2 years (JORC+scoping+PFS+DFS = 18months-2years). Even if VMS deposits are not huge, we are still talking $50-100mln/year cashflows (this is what Block 1 was producing before). All in all, I think SAV is at a turning point. Who knows where the company will be in 3-5 years time (could be a proper midtier copper producer with mcap of 500mln or not !) but over the next 6-9months, It is very possible the market (and especially the mining experts) start valuing SAV closer to £30-50mln Mcap. This means a share price range of 10-20p. For full transparency, I’ve been long SAV for over 18 months so my timing skills are not perfect but I have only been buying more over time and my conviction levels are at its highest currently. Read Full Thread Follow Reply

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