Savannah Resources Share Discussion Threads

[inbrackets] 28/5/2017 09:25

BW, likewise in Sunday Telegraph. Indeed SAV gets a mentionAnother key element in the EV revolution is lithium, demand for which is tipped to increase 15-fold. Aim-listed Savannah Resources has just struck a deal to buy four lithium deposits in Portugal, hoping to become the "first significant lithium producer in Europe". Lithium, as the name suggests, is a key element in lithium-ion batteries. Europe consumes 25pc of global production. Savannah sees an opportunity to a supplier in Europe's backyard. Boss David Archer believes the "repositioning" of the transport and energy industries as demand for battery storage increases provides huge opportunities for smaller miners to get in on the act. "These changes will be somewhat titanic in scale," he Goes on to comment about hydrogen development as well, at least for cars

[broncowarrior] 28/5/2017 07:56

Interesting article in the Sunday times today about Hydrogen powered cars which only emit water vapour. Honda make one which has a bit waiting list in the states.The UK is way behind on that technology as no infrastructure to support them has been built.

[inbrackets] 26/5/2017 23:03

Dale doesn't muck about. He is interested in good quality stuff. Suspect that he has introduced SAV as the entrepreneurial team that will be able to take a smaller local project to an international market, quickly and efficiently. With the RT JV, and the Omani project as examples, I would agree BW, the Portugal assets are the skin in the game so there is precious little reason to flip those share, quite aside that they are only really earned once their worth is proved up.I shall look forward to the resource later in the year. The cash basically would help refund the cash spent to date on the initial outlining of the potential resource. Together, all parties will benefit - that sort of deal appeals.

[broncowarrior] 26/5/2017 22:09

Just been reading the RNS, it is huge. Shares issued at the current market price, so no selling forward really possible; people should be locked in.Main exploration was for ceramics purposes.

[broncowarrior] 26/5/2017 21:52

Was just a change of name, same legal entity.

[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...