Savannah Resources Share Discussion Threads

[paleje] 20/12/2018 16:09

Well done GED, thanks for doing it and thanks for sharing it.

I'm satisfied too from my own discussions with DA both in the flesh and email that we're honestly and professionally managed, I'm glad you found the same. As for where we'd be without Portugal, it doesn't bear thinking about and I'm sure most of us would have exited well before now.

I hope they picked up the drinks tab:)

[paleje] 20/12/2018 10:54

I noticed a piece on Malcy's blog today about oil co's exiting Moz as 'no longer a place where one could do business'...I guess it's very back burner for now.

"Wentworth has finally announced that it has relinquished its Tembo block in Mozambique. This comes as no surprise as whilst it had shown some potential it was no longer a place where one could do business, a view shared by other potential partners in the oil industry. WEN has also exited the country and after the market has settled down after all the recent changes in domicile etc will move on, from what I have seen of CEO Eskil Jersing 2019 should provide interesting on the corporate front."

[seagullsslimjim] 18/12/2018 12:39

no mention of Moz or Oman in the interview.

Would have been nice to have heard something and maybe omitted at the interviewees request?

[ged5] 18/12/2018 12:26

Thanks paleje.

Here's today's interview:-

[paleje] 18/12/2018 10:14

GED, as well as the other questions above which we'd all like to hear, any chance of asking

(1) if timescale Q1 2020 for concentrate production is still on
(2) have they had any reason to adjust their IRR of 63%

Cheers and good luck.

[ged5] 18/12/2018 08:34

It's top of the list, yorkie.

There seems to be some uncertainty, Pugugly. There are varying reports about supply but every report suggests demand will grow almost exponentially. The latest I read was short term prices would soften but would then start to increase.

Hard to argue with that, Jim and questions do need to be asked.

[yorkie14] 17/12/2018 17:00

Ged, can you ask what is happening with Moz amd Oman in particular. Never get any news on these projects...

Cheers Yorkie

[seagullsslimjim] 17/12/2018 16:28

maybe the 'nailed on' projects of Oman and Moz need to be factored in too

All trumpets at the time, but nothing of late on either and now all things are apparently as the big game changer here.

[pugugly] 17/12/2018 16:25

Lithium under the cosh - Most miners and developers continue to fall - Funding problems - Forward price projections falling - Supply projections increasinly ahead of demand -
Musk has played a very clver game - Now he will screw the price he is prepared to pay DOWN - DOWN & FUTHER DOWN -
Many Lithium investments will soon go ot money heaven.

Just look at BCN today as one example -

[ged5] 17/12/2018 13:14

Selling is just incredulous. Some crazy folk out there!

[ukgeorge] 17/12/2018 10:41

Thanks Ged.

[greatfull dead] 17/12/2018 10:40

Good festive season RNS from the SAV management team.

Have a happy and safe festive season all,
GD

[ged5] 17/12/2018 10:17

"the definitive feasibility study being largely complete"

"The geotechnical drilling was aimed at gathering structural data and collecting samples to get an understanding of the mechanical properties of the rock that will make up the wall of the proposed stage 1 pit; the results are currently with Knight Piesold for detailed evaluation."

"These samples have been sent to Nagrom in Perth and are currently being used for testing."

" Drilling also located another unknown pegmatite further to the east"

Just a few clips from today's announcement showing how close we are to increased newsflow in the next quarter. Signs of moving from explorer to producer.

Incidently I'm having a chat this week with a company representative if anyone has any specific questions they would like asking.

[ukgeorge] 17/12/2018 09:42

53.6m at 1.41% Li₂O from 65m

that is pretty impressive

[broncowarrior] 17/12/2018 08:29

Nice. Well deserved Christmas break for the drill teams.

[ukgeorge] 14/12/2018 14:29

Thanks roll on a resource upgrade....

[ged5] 14/12/2018 14:22

The December newsletter has been put on the website today.

[gersemi] 13/12/2018 18:26

Nice curve developing here

[broncowarrior] 13/12/2018 18:24

The whether to mine decision should be made next year and then funding sought. Once that comes in it gives real teeth to the share price.At the moment the spikes are on potential rather than actual.

[seagullsslimjim] 13/12/2018 16:48

BW - or just a share price ramp in 2019 and just like previous years :-)

[inbrackets] 13/12/2018 14:46

Can but hope BW, can but hope.

[broncowarrior] 13/12/2018 14:18

Think everyone waiting for the bonza news. Likely to be a substantial share price ramp up in 2019.

[greatfull dead] 13/12/2018 11:28

[...]

ATB,
GD

[greatfull dead] 13/12/2018 11:01

Ged,

Give it time.

ATB,
GD