Savannah Resources Share Discussion Threads

[edgein] 15/5/2019 08:22

FQ,

I'm hoping its progress in Oman causing the holdup for the finals. SAV are well cashed up, can't see the Moz DFS being released early. So it'll be interesting to see if they're waiting to add something into the finals. Its been a busy 21 months for SAV so they'll have a lot to put in, the bulk of the drilling has been done up to Dec '18 but they'll have to give guidance on what's happened since.

Regards,
Ed.

[edgein] 15/5/2019 08:18

Yes fellas looking very good and it sounds as if there's lots more options to expand on this rapidly growing reserve. Most of these still appear to be open along strike and at depth. Some part of these bns that are to be pumped into the "lithium value chain" will likely filter down to us as SAV are the first link in the chain as they'll not want to import all of their lith concentrate and lith carbonate from Africa and Asia. Wouldn't surprise me if SAV gradually pass their 31Mt target especially when they're pulling out grades like this. The market is also ignoring the world class mineral sands asset and the high grade copper (see the NPV of MdB before all these extensions and high grades). Hopefully the finals will shed some more light on the situation in Oman as that could help fund development of Portugal. Wasn't it something like 9 month construction time for that one once we get the ML?

Regards,
Ed.

[fqr714bhp] 15/5/2019 08:07

Still no results, not sure what they are waiting for?

Last year it was mid April, we are now over a month late.

Lets hope it was worth waiting for?

It is so sad to see this share price at @5.5p.
With all this news and assets we should be at 10p+

[the deacon] 15/5/2019 08:03

22p target from Finncap

[highly geared] 15/5/2019 07:39

Lengths and grades of intersections are world class. Portugal has been a shinning light offset by the torpor of Oman and Moz

[fqr714bhp] 15/5/2019 07:37

OMG>>>>>> OUTSTANDING NEWS HERE FOR SAV SHARE HOLDERS THIS MORNING.

THIS MUST BE THE BEST LITHIUM RESOURCE IN EUROPE???????

BRING IT ON 20P BY END 2019.

[the deacon] 15/5/2019 07:20

Yup, decent asset, right time, in an area where the need is great. Another excellent RNS

[edgein] 15/5/2019 07:18

It just keeps getting bigger and better:

Savannah's CEO David Archer said: "These latest results from Aldeia and Grandao include the highest-grade ever reported at Mino do Barroso of 22m at 2% Li O, demonstrating that the full scope of Mina do Barroso's exciting potential is still being realised. High-grade mineralisation has been identified along strike and at depth, indicating the potential to further expand the existing resource of 23.5Mt at 1.02% Li(2) 0, and significantly increase the potential life of mine."

Some top notch grades in this update, some even surface outcropping, all with good grades and interceps. We can look forward to the substantial increase in the reserves.

Regards,
Ed.

[greatfull dead] 15/5/2019 07:07

"Results from recent workflow have continued to solidify Mina do Barroso's status as Western Europe's most significant new spodumene lithium discovery positioning Savannah as a key strategic player in Europe's upstream lithium value chain...

GLA,
GD

[greatfull dead] 14/5/2019 17:43

deacon,

thanks.

atb,
gd

[the deacon] 14/5/2019 10:32

Again..https://www.governmenteuropa.eu/eu-battery-consortium/93255/

[the deacon] 14/5/2019 10:27

SAV mentioned towards the end of this one:https://www.electrive.com/2019/05/01/psa-opel-and-saft-battery-consortium-ready-to-go/

[edgein] 14/5/2019 09:34

Ged,

If that pilot plant is a lith carbonate plant that requires lith concentrate, then when MdB is in production the answer to your question would be yes. The lith carbonate is then supplied to the battery manufacturers.

Regards,
Ed.

[ged5] 14/5/2019 09:26

"One of the first projects for the Franco-German consortium will be a pilot factory, with around 200 employees in France, which will open in the coming months. With this initiative, Savannah excepts to gain further traction from potential partners who understand the compelling supply dynamic that is developing in Europe."

(I wish they would proof-read these announcements: excepts-expects) :)

Would they be able to supply ANY lithium for this pilot factory from their 7M tonnes per annum?

[ged5] 14/5/2019 08:34

Some very big figures in that announcement. It looks like lithium is about to become very big business in Europe and as others have mentioned Savannah, with Mina Do Barroso, is very well placed to take advantage.

This announcement could well be a precursor to a transformational period for SAV.

[edgein] 14/5/2019 08:06

Pale,

It's gotta start somewhere though and SAV are at the head of the queue. I'd like to see these large companies with all their billions start to look at a lith carbonate plant, preferably in another member state, Portugal. They'll need lith carbonate to supply all those battery manufacturing plants. But the financial will is there given today's news to bring battery production to Europe. SAV are the ground floor of that given their shallow high grade discoveries that are well matured with an NPV multiples of our cap (let alone the other assets). I'll be reading the results as much for the other assets as for Portugal, I wonder if they're being held back to get some progress elsewhere.

Regards,
Ed.

[paleje] 14/5/2019 08:01

Yes Ed the right things are happening albeit slowly so far.

"...Mina do Barroso has the potential to become a key upstream anchor of the European EV lithium ion battery value chain by the year 2025..."

VW made an announcement yesterday too to build a battery plant in Lower Saxony, they don't want or intend to be reliant on Asia for batteries.

[edgein] 14/5/2019 07:59

The deacon,

Yes the long term future of the company looks very rosy.

Regards,
Ed.

[the deacon] 14/5/2019 07:56

Well today's RNS reads very well. SAV in a very good position to benefit significantly

[edgein] 14/5/2019 07:52

Regards,
Ed.

[fqr714bhp] 11/5/2019 13:39

Where are these results?? now a month late??

LOL.

[ged5] 09/5/2019 10:35

Yes, it was on Monday.

I note there have been a few tweets recently. Some appear as though they are trying to gain the attention of the Mozambique licencing authority and the others highlighting the need for EVs and lithium.

I'm not really expecting too much before the end of June but is my memory deceiving me or do we usually get a series of tweets just before some news?

[inbrackets] 07/5/2019 10:35

Was it not yesterday?

[ged5] 07/5/2019 09:11

#SAV presenting Mina do Barroso #Lithium to @benchmarkmin World Tour today in New York City. Live via Bloomberg terminals.

A couple of tweets from SAV yesterday.