Savannah Resources Share Discussion Threads

[nick9013] 13/6/2018 07:43

obviously we have the scoping study and Oman license/financing due imminently, also DA presenting at the Battery Raw Materials event 22nd june! PR is really ramping up

[highly geared] 13/6/2018 07:26

Ties in with my sum of parts 22p-25p valuation ( fair value) for where we are now.
Within 18 months £1.00 is entirely possible once Oman is up and running and Portugal fully drilled and financed for mine development for 2020 production.
Assets
Timing
BOD with serious skin in the game.

[nick9013] 12/6/2018 22:46

My good buddy and chart expert doc is saying the same, 17-28 short term targets.

[recordz] 12/6/2018 20:17

I was looking at another chart and it has the all time high at 16p which was in Feb 2011.Google got it at 20p

It was African Mining & Exploration plc at the time but only had 83,205,007 shares in issue. Different company though and didn't have the same Assets, Management anyway.
Sure you guys know that already.

All said, 16p-20p might still be targets.🙂203;

[5chipper] 12/6/2018 19:27

I first heard of Sav when Meyer stated it was his top pick in an interview.

I owe him a beer

[gersemi] 12/6/2018 18:11

I had around 200k at 8p - now look at it...

I think this is one of Meyer's stocks (SP Angel)

[highly geared] 12/6/2018 17:26

Mozambique

The pre tax NPV(10) on management case 2 is $335 million or c £240 million
Assuming SAV earn in up to 51% on completion of DFS, this provides a £122 million NPV for SAV.

Whichever way you cut it, the collective assets are worth considerably more than the 13.5p we’re at currently. My view is 22-25p is a very short term fair value target.
All 3 assets have major expansion potential.

[broncowarrior] 12/6/2018 16:47

I've had worse starts to the week :)

[highly geared] 12/6/2018 16:34

Edgein, if we move Moz up to our full investment, yes you’re correct and we should be allocating £100 million to this now.

It’s head spinning stuff the collective potential here and the thing is, it’s all coming together now after a very long wait( Oman/Mozambique). The speed of development at Portugal is a clear marker the BOD see this as a golden opportunity to cash in big time if they are quick....

Will be very surprised if we’re not mid cap within 18 months ( £500 million +).

[highly geared] 12/6/2018 16:28

Edgein
Totally agree; I can see Portugal ending up nearer 40M tonnes once all the licences have been drilled , hence the Alura comparison. Timing is everything, in that regard , if the Oman ML and the Portugal scoping study drop in the next 2 weeks , I see 25-30p being a realistic short term target.

[edgein] 12/6/2018 16:27

HG,

Perhaps a little harsh on Moz discount, its several $bn of high grade titanium oxide at surface at very good grades and its approaching PFS that started last year.

PEA for Moz was actually more recent than I thought (May '17):

"US$4.23 billion LOM revenue forecast based on Management Case Two (base case revenue of US$3.53 billion forecast)"

Its no slouch and is running hot on the heels of Portugal, while its got the bulk sample underway Moz has the pilot plant getting us to the PFS and eventual DFS. For a project with $4bn gross revenues from part of the current know reserves (with expo upside), £20m seems one heck of a discount given that its heading for development phase rather than expo phase.

Regards,
Ed.

[edgein] 12/6/2018 16:18

HG,

Didn't it also say in that recent article that SAV are applying for 8 more licences in Portugal? Yes its all falling into place for SAV at the right time as you suggest. EV boom gonna skyrocket both Cu and Li. SOLG reached £500m cap well before production and their Cu is modest grade and deep. Not saying we're gonna hit £500m any time soon, but once the market gets behind something you just never know. All of SAV's projects combined would cost a mere fraction of the cash costs SOLG would need.

Regards,
Ed.

[highly geared] 12/6/2018 16:14

Altura comparison when Portugal developed to mine start (within 2 years) and assuming further development of resource scale to over 20 million tonnes = c £300 million

Oman as a producing copper mine from early next year = £350 million

Mozambique THM JV , reasonably allow £20 milllion now for very early stage.

Discount back but IMO, £150 milllion minimum fair value now.

I think both Portugal and Oman will outperform due to metal demand.

Assets
Timing
BOD

[recordz] 12/6/2018 16:10

Big Firms can buy in when its 100m cap.
Its gone over it now. At 14.5p

[nick9013] 12/6/2018 16:09

Gezzzze!! I can see this doing 100% or more tomorrow. Lots of people wanting in before close

[highly geared] 12/6/2018 15:56

New investors need to click on the excellent links above to the SAV website and the company presentations.

Consider the likely total lithium resource then contemplate the fact this only covers part of the prospective licence areas and many pegmatites remain open in several directions. Consider the intense ongoing drill programme through 2018... Then look at the peer group comparisons an perhaps focus on Altura as the most likely direction of travel for SAV.

Then consider we also have a likely major copper asset in its own right in Oman with mining imminent into a copper supply deficit market with rising prices...

[ged5] 12/6/2018 15:47

Thanks fillipe!

13p arrived. Where to now? Blue sky above.

ML and SS needed now.

[fillipe] 12/6/2018 15:43

13p at the best ask - looking at a 15p end of day, for a good start for the 'morrow.

f

[fillipe] 12/6/2018 15:37

Level 2 1536hrs....12.5p v 12.75p and a hellishly strong RSI to back it up.

f

[ged5] 12/6/2018 15:30

With T-charge coming into effect next April for Central London and expanded in 2021, together with the new high rates of car tax on new registration petrol and diesel cars, some folk will start to think about changing to electric cars.




What's needed? Lithium and Copper

What do SAV have? Lithium and Copper

Repeat alert:

Portugal is going to be HUGE!

[recordz] 12/6/2018 15:10

All time high of 13.5. What it does after that,anyones guess, Could have traders pile in.
Looks good here anyway. 🙂​

[highly geared] 12/6/2018 15:10

Said this yesterday ( I think) but there’s hardly anyone on this board and the herd have yet to arrive. Watch it go once a wider audience gets the story here.
The lithium asset is in Portugal with a mining licence in place. Infrastructure is there and it can be fast tracked.Oman has been hard work but is now all but mine construction ready.
Timing for its assets; couldn’t be better
And... whilst the lithium and copper get developed, we have a monster THM asset in Moz with a global scale JV partner...
Wake up Mr Market and smell the coffee...

[highly geared] 12/6/2018 15:03

GED, similar story here.
SAV:

Assets
Timing
BOD

This should be £1+ within 12 months if all goes to plan

[highly geared] 12/6/2018 15:01

Put another way, with a confirmed ML on Oman and a good LCE NPV on Portugal, the share price should be 35p to catch up with events...