Savannah Resources Share Discussion Threads

[biopop] 03/4/2019 09:54

maybe i've missed it but has there been any date given for final results. Last year was April 13th?

[ged5] 03/4/2019 09:42

Thanks GD.

Well since it doesn't happen too often recently, thought I'd just post that we're up today.

Sorry to wake you.

[greatfull dead] 28/3/2019 14:14

More to digest.

Lithium imports rise into Japan and South Korea despite fall in China
• Lithium hydroxide imports into Japan rose by 79% in in February yoy to 2,687t according to (S&P Global)
• Lithium carbonate import into Japan also rose by 53% to 2,707t
• South Korean imports of lithium hydroxide also rose by 45% to 950t and for lithium carbonate by 28% to 3,353t
• China imports fell by nearly 100% to 45kg of lithium hydroxide from 656t a year earlier and by 58% for lithium
carbonate to 720t from 2,517 a year earlier
-----------------------------------------------------------------------------------

IMHO Imports to China will resume. "In recent years, China, the biggest global consumer of lithium, has been snapping up stakes in mining operations in South America and Australia, the principal global sources of the metal – derived from
brine flats in South America and spodumene ore in Australia. In South America alone, China has reportedly invested $4.2 billion in lithium deals in the past two years. It has also been tightening its grip on the supply of cobalt,
another important lithium-ion battery component.

Beijing’s buying spree has worried electric battery- and EV-makers in Japan, South Korea, and Europe.
But China has not had it all its own way. In a recent reversal of fortunes,
a German company beat off a Chinese challenge in Bolivia – which has one of the world’s largest reserves of lithium –to secure a deal to build a plant mining the country’s biggest deposit. Most of the output will go to Germany,which lobbied heavily for the deal that includes the construction of a rechargeable battery plant

My conclusion is SAV lithium at Mina do Barroso asset will be held on to very tightly.

When mining starts and gets into full swing and then lithium when process will go to selected European EV manufactures.

GLA,
GD

[greatfull dead] 27/3/2019 17:39

Scientists at Tohoku University and the High Energy Accelerator Research Org have developed a new
complex hydride lithium superionic conductor that may result in all-solid-state batteries with the highest
energy density to date.
• The new material shows markedly high stability against lithium metal making it better anode material for allsolid-state batteries.
• This offers the potential to address the energy density issues in conventional lithium-ion batteries.
• This new solid electrolyte exhibits high ionic conductivity and high stability against lithium metal representing
a breakthrough for all-solid-state batteries that use a lithium metal anode.
at Tohoku University and the High Energy Accelerator Research Org have developed a new
complex hydride lithium superionic conductor that may result in all-solid-state batteries with the highest
energy density to date.
• The new material shows markedly high stability against lithium metal making it better anode material for all solid-state batteries.
• This offers the potential to address the energy density issues in conventional lithium-ion batteries.
• This new solid electrolyte exhibits high ionic conductivity and high stability against lithium metal representing
a breakthrough for all-solid-state batteries that use a lithium metal anode.

Interesting news. I take as an overall positive for large and small Lith miners with good tograt assets.

GLA,
GD

[paleje] 23/3/2019 11:13

Edison did a small feature in the week, it wasn't about us it was about recovery rates but we featured in it and were amongst the highest in our peer group.



Edit- sorry the picture isn't working but the link is here -

[ged5] 23/3/2019 09:42

SP Angel Corporate Finance LLP ('SP Angel') was appointed on 24th December 2018. Have you heard there is to be a change?

[desflurane] 22/3/2019 16:16

New Nomad appointed?

[paleje] 19/3/2019 13:54

Cheers GED just spotted your comment on the other board as well.

[ged5] 19/3/2019 11:50

Thanks paleje for alerting about the cyclone. I emailed this morning. Others must have done as well since we've now had confirmation the company is unaffected.

"All #Mutamba Joint Venture staff safe and Jangamo camp unaffected by devastating #CycloneIdai in #Mozambique - all our sympathy to those who have so grievously suffered: Over 1,000 feared dead after cyclone slams into Mozambique "

A terrible tragedy to lose family and homes. The cyclone season is coming to an end which is no consolation to those who have suffered. Let's hope there are no more disasters.

OT Since I brought it to this threads attention I think I should mention that although I bought FDBK with a 2-3 year view I am extremely disappointed in the lack of sales. However if FDA approval is forthcoming in the next financial year I think things will change dramatically. I'll send further thoughts via PM.

[paleje] 19/3/2019 00:40

Wouldn’t mind hearing a bit more about both other projects, appreciate the current bad news out of Moz drowns our financial considerations.

Been to Moz and visit Portugal regularly, don’t know Oman. I think were in a good position, just a bit more patience, thinking of those affected by the Moz cyclone reminds us waiting isn’t such a big deal.

OT - GED you’re in FDBK right, any idea why the plunge? Pm if you like, don’t want to disrupt the flow on here which is a good board.

[ged5] 18/3/2019 14:01

Mina do Barroso is a small mine in mining industry terms so how can it be so important?Lithium from spodumene concentrates producedannually by Mina do Barroso could be used to power over 600,000 EVs. Taxes and royalties from Mina do Barroso could total more than €250millon and provide over 600 direct and indirect jobs.Production from the project could support the development of new, downstream industries such as refineries, battery and battery pack plantswhich would be a major economic boost to the Portuguese economyworth billions of Euros.



250M euros for taxes and royalties. So how much is the project worth? Not bad for a company with 2 other assets and only £46M mkt cap.

[paleje] 12/3/2019 16:28

Nice find Rick thanks.

[greatfull dead] 11/3/2019 09:23

Thanks Ricky, yes well worth listening to.

ATB,
GD

Edited.

[rickyhatton] 11/3/2019 08:42

13m-22m Well worth a listen

35Mt envelope, "fashioning some very meaningful offtake arrangements and corporate alignments".

[greatfull dead] 07/3/2019 16:42

palege,

We are all getting on. My attention spans are terrible these day. though my patience is much better. It has to be, I now have to rely on others more.

ATB,
GD

[paleje] 07/3/2019 14:27

You're welcome GD, attention spans and patience aren't what they used to be, myself included, reminders don't do any harm:)

[greatfull dead] 07/3/2019 12:43

Paleje,

Thanks for posting the link and timing in today's Vox Markets Podcast.

Good info for those who are not fully aware of the very probable shortfall in materials eg copper lithium, cobalt, cobalt nickel etc. for EV car production in the near future.

ATB,
GD

[2solaris] 07/3/2019 12:14

Ban shorting on London Aim stocks

[paleje] 07/3/2019 12:03

Brief mention SAV 28 mins in, then talks about copper lithium etc shortages to come.

[fqr714bhp] 06/3/2019 09:23

That 250000 is a roll over.

[ukgeorge] 06/3/2019 08:56

Should be loading up down here

[livewireplus] 06/3/2019 08:12

Indeed - the incentive plan seems well balanced ... I look forward to the key staff getting their additional renumeration when the share price gets above 10p...

[fqr714bhp] 06/3/2019 08:04

Option price is set at 10p????

This is a clear indication that the share price will much further north of 10p in the future.

This is a good RNS and makes me feel that things can only improve here.

Well done.

[rickyhatton] 06/3/2019 07:56

"The exercise price of the Options being issued at this time is 10p which represents an 87% premium to the closing share price on 5 March 2019"

All options at 10p. A clear indication of what SAV is sitting on, and is achievable. Archer deserves credit for this. As do the RC.

[broncowarrior] 06/3/2019 07:22

LTIP seems fair, directors locked in for 5 years etc. Remuneration committee makes me laugh given how many staff there are.Seems fair though, other one has been ripped up.