Savannah Resources Share Discussion Threads

[fqr714bhp] 03/10/2018 10:59

How much lower is this going to go. LOL!

People must be real happy to be where we are from the last cash call. LOL!

[biopop] 02/10/2018 19:15

bought a few of these again - a very few recently - not convinced by mineral sands having being being burnt by Kmr and Sierra but Portugal should be good and something must happen eventually with Oman

[ged5] 02/10/2018 08:03

Is the latest tweet letting the Moz govt that SAV are doing their bit for the community now help us to help you even more by getting on with granting that mining licence?

[ged5] 30/9/2018 12:56

I noticed on Friday that the Portugal Community section had been updated. The May to August newsletters have been added and all of them now in English.

A little bit of background to what's going on in Portugal.

In the May newsletter I see David Price has moved from Exploration Manager in Oman to Exploration Manager in Portugal. Any significance?

[seagullsslimjim] 30/9/2018 11:29

Well from the main chart above and the buy zone would indicate 6 to 6.5p

[broncowarrior] 29/9/2018 16:24

Agree, looks like it is in the buy zone.

[ged5] 28/9/2018 09:29

Could be a very well-timed buy if the right news arrives.

Of course there could be a further test of patience from Oman or disappointment from Mozambique with further delay and there's still that gap at 6.5p.

Short term roll the dice and see how it plays!

Personally I'm sitting tight. I feel news from Oman will be with us soon and Portugal is going to be huge!

[5chipper] 27/9/2018 20:25

Looks like a good point to maybe buy a few

[rickyhatton] 25/9/2018 13:40

This is potentially very significant news given the "twin" implications of Block A being granddao2 which the market has not yet grasped, albeit some risk attached to the granting of the mining license, but precedents more than already set here.

And the terms of the deal payments over 6 years after license grant at circa €40k month are not a stretch. Including anticipated to start AFTER MdB is in production.

[ged5] 25/9/2018 09:13

So if they take up the option to potentially purchase, then we'll extend the life of MdB. Certainly planning for the long haul.

Makes sense to acquire adjoining tenements. They would have a good idea of how likely it would complement MdB and save on costs.

Portugal growing; Moz growing; Oman growing. Now let's have licence or two!

[broncowarrior] 25/9/2018 08:53

Market seems to like this one.

[highly geared] 25/9/2018 08:29

Big picture looks like 30mt ore resource will be realistic at Portugal by this time next year. The BFS out Q1 2019 won’t be the final picture. Portugal has been exceptional to date ( unlike Oman )..

[fqr714bhp] 25/9/2018 07:55

It just gets better and better here for SAV.
Well done again team, keep up the good work.

[rickyhatton] 25/9/2018 07:46

Acquired Block A

"The quarried pegmatite has many similarities with the Grandao deposit in Mina do Barroso, which has a Mineral Resource Estimate of 16.4Mt at 1.04% Li2O for a total contained Li2O of 171,400t.

It is evident from the excavation that the pegmatite has a continuity that can be followed into the hillside and has a current surface dimension over 300m in strike with a maximum width of 25m in places (Figure 3). The pegmatite is seen to have a relatively shallow dip to the north of about 30 degrees, similar to Grandao, which indicates good potential to increase the buried extent of the pegmatite to both the northeast and similarly to the southwest."

[ged5] 24/9/2018 13:55

Michael looks very pleased with himself in that picture. Has he negotiated good terms?

Latest interview:-

Hxxp://www.proactiveinvestors.co.uk/companies/stocktube/10565/savannah-resources-achieves-several-important-valuation-milestones-in-first-half-10565.html

[ged5] 24/9/2018 09:15

Thanks paleje!

Latest tweet:-

"$SAV team holding meetings with joint venture partners in #Oman for Block 4 and 5 #Copper Projects."

Could be just a routine meeting but I still have that feeling that ML is getting close.

[paleje] 24/9/2018 08:20

Small piece in yesterdays Times, Dyson writing off quite a large investment in advanced battery developer Sakti3 and reverting back to lithium, at least for his first model which is scheduled for 2021. Dyson wouldn't be the only one reaching such conclusions I think, but longer term the race to beat Li still on.

...The maker of high-end vacuum cleaners bought Sakti3 in 2015 to gain access to the Michigan-based firm’s technology for solid-state batteries, which can be charged faster and hold more power than lithium ion batteries. The investment was a key part of Dyson’s plan to build electric cars. However, accounts for a subsidiary, Dyson Technology, show the company has impaired its investment in Sakti3.

Dyson said it had “multiple competing [battery] technologies in-house” and was investing £1bn in their development.

“The technology — both solid-state and other forms — is advancing quickly and this represents nothing more than prudent accounting,” it said.

Dyson, which was founded by Sir James Dyson in 1991, is pumping £2bn into electric cars and aims to launch the first of three models in 2021.

Car makers are racing to develop commercial scale solid-state batteries. However, Dyson has reportedly scaled back its ambitions to use solid-state batteries in its first car, instead leaning towards lithium ion.

[paleje] 23/9/2018 21:06

We all get rattled from time to time GED, I’ve got my own pet grievances with another miner and let off steam there possibly wrongly half the time. Good luck with the house jobs, I’ve been doing my sons for a few months, trouble is every time a job gets done a new one emerges.

[ipwil] 21/9/2018 08:58

Edgein if you did not know Moz PFS was Q1 2019 you have been asleep or not read RNS's this past year....

[greatfull dead] 21/9/2018 08:49

HG,

No problem, I have an agenda. That is to make money as I go.

ATB,
GD

[fqr714bhp] 21/9/2018 08:47

All looking good here, roll on 2019/2020.
Have a great weekend.

[highly geared] 21/9/2018 08:46

I should apologise for my rather facetious tone of late. I think SAV will make it big in the next 3 years. Oman though has become an embarrassment, not their fault , but you wonder why we have a major Oman based shareholder yet the government moves as a glacial pace. Still , predictions of a Cu deficit through 2019-23 should mean they mine the stuff at the right time.