Savannah Resources Share Discussion Threads

[teemore] 26/5/2017 19:08

BroncoWarrior- I do hold for long term. How did the AME shares transfer to SAV- was it one for one
thanks

[broncowarrior] 26/5/2017 12:40

Good push today, price action was slightly odd. I think maybe the market anticipated another placing.

[ged5] 26/5/2017 11:48

I notice the website is being updated. Interesting to look at the list if you click on assets. Is the list in order of importance?

[seagullsslimjim] 25/5/2017 13:03

Ged5 - I think that it is the lack of Oman and Moz news that is holding things back here and maybe the perception by some that the lack of news equates to something being an issue in the background???

[ged5] 25/5/2017 11:27

Not fully digested the RNS yet. (Slightly fuzzy head after last night's victory).

A bit of light relief after the atrocities earlier in the week at a venue that I and my family regularly attend.

It seems to me that the company expected a better reaction. There have been four tweets so far this morning. The latest being:-

Portuguese govt has established a #lithium working group to bring focus to the dev of Li industries in #portugal -

On first reading this seems a very good move. There's a mining lease, near production, payment with small dilution and a supportive government. Those shares are tied in for some time.

The only reason I can see for the selling is short termers disappointed at the lack of news from Moz and Oman.

So samples being taken in April yet not a word until now! What else is going on?

[jeffcranbounre] 25/5/2017 11:25

Sav's chart was discussed & annotated by Nicola Duke on this morning's podcast. You can see it here>

[broncowarrior] 25/5/2017 10:34

Will be Moz scoping study first...

[seagullsslimjim] 25/5/2017 10:29

well another for the bottom drawer, and we really need updates on Oman to ignite the price

[broncowarrior] 25/5/2017 09:10

Thought this would have put a couple of pence on the price, hopefully he can get the message out there.

[paleje] 25/5/2017 08:58

Sorry that sounded negative, I'm not, I like it, just a bit cautious to add more at the mo, maybe wait for the next raise.

[broncowarrior] 25/5/2017 08:12

Two of the projects we have major partners and this one looks near term viable so not worried, think it is great news and DA has his eye on the future huge uplift in electric car purchases.

[paleje] 25/5/2017 08:03

Well DA isn't resting on his laurels, too many fronts though? And surely another mouth to feed.

[dropside] 25/5/2017 07:48

I like the look of that.

[broncowarrior] 25/5/2017 07:16

Nice! Not the news expected but still a pleasant surprise.

[broncowarrior] 23/5/2017 17:45

Almost heading to top up opportunity again.

[airs999] 23/5/2017 12:11

Ouch! Well hopefully after some good news re the eagerly anticipated report momentum will be regained and headed up to 8-10p

[broncowarrior] 23/5/2017 10:02

Yep, the spike was because it was being pumped mercilessly. Fewer shares in issue then too, only about 100mm so when DA took over not many shares to go round and it drove the price up. I was 25 up on it at one point as had 250k shares in the old AME.

[airs999] 23/5/2017 08:45

Can anyone remember or does anyone know why there was such a big spike and then drop in 2011 and 2014 for SAV? I also hope the 'very soon' re the report is now 'extremely' soon

[broncowarrior] 22/5/2017 16:08

Some chunky trades today...

[ged5] 21/5/2017 10:58

“We have held meetings with the IMF staff and we support their suggestion that there a need to control expenditure and accelerate reforms. In Majlis Al Shura, our focus is to improve the business environment to bring the investors into the country and we have recommended the government to speed up processes related to it. We have done well in fast tracking such processes but we haven’t done as much as we want so there is certainly an area of improvement. For any reforms in subsidies, we are very careful and any decision will be made taking into account residents in the country,” Mohammed Al Ghassani, Deputy Chairman of Majlis Al Shura stated.

More positive!

[ged5] 21/5/2017 10:53

“Oman has been trying to diversify its economy, but until now, it’s still highly reliant on oil exports,” said the Beijing-based banker. “Given the current low oil prices, banks will have to exercise caution when granting loans to the country.”

Better get a move on with these mining licences then!

[ged5] 19/5/2017 11:01

Mild autism maybe. ;)

The charts are looking good, although I think we'll need some news to breach 6.5p.

Have you seen the 5 year chart? A classic cup and handle!

[broncowarrior] 19/5/2017 10:36

Ged, I'm sure you are right, my number was a ballpark guess.