Savannah Resources Share Discussion Threads

[fqr714bhp] 08/8/2019 08:01

Some great news at last.

Lets see what the share price does today???

[greatfull dead] 08/8/2019 07:56

Yes good news...

GLA,
GD

[edgein] 08/8/2019 07:36

Good stuff fellas, looks like the ML's are on their way at last.

Regards,
Ed.

[highly geared] 08/8/2019 07:14

At least the licences have value with a ML. The copper story was good a year ago ,less so now with the current trade wars.

[broncowarrior] 08/8/2019 07:07

Blimey- out of the blue. What are the fees likely to be? Hopefully fairly token.

[broncowarrior] 06/8/2019 21:08

Under 4 - buy time.

[ukgeorge] 06/8/2019 15:20

looks like support at 3.7p the 3p on the chart.

roll on some news zzzzzzzzz

[ukgeorge] 06/8/2019 11:32

How low will these go ffs.

[busraker1] 05/8/2019 11:15

Thanks inbrackets....I suspect this Summer is an ideal buying time for lithium stocks on the assumption the demand story plays out over the next few years. Typically, us investors tend to be already fully invested so not able to take advantage...ha.

Alongside SAV, I've bought some shares in AVZ Minerals recently. ASX Listed, it hopes to develop the Manono mine in the Democratic Republic of Congo. It is the largest spodumene lithium deposit in the world at 400Mt @ 1.6% which is really high grade, but the further exploration targets go over 1bn tonnes at even higher grade. It outstrips anything on the planet including Greenbushes in AUS.

Of course, being the DRC you have to navigate political risk and also the transport is the main cost at around $223/t but the mining costs are super low around $90/t. It was a long term tin mine until the tin price fell away but it remains one of the largest tin mines in the world and will give significant tin and tantalum revenues to offset lithium costs which isn't factored in yet.

The Chinese are interested in investing. It's at the same stage as SAV.

One or two of you may be interested in a speculative play.

[seagullsslimjim] 03/8/2019 11:56

At least we have Moz and Oman to fall back on.

[inbrackets] 03/8/2019 09:54

It's not much consolation, but this at least helps to confirm that the tide is out generally for lithium stocks not SAV in particular.https://www.linkedin.com/pulse/edison-lithium-index-week-11-ending-02082019-gets-absolutely-long/?published=t

[ged5] 31/7/2019 15:04

We are continuing work on the treatment of the laboratory'sresults analysis, as well as the ongoing economic feasibility study of the project.The Environmental Impact Study remains a priority for Savannah, so this month field work was carried out by independent biologists to gather more information on terrestrial and aquatic fauna, which will give us more insight into this site.Additionally, we have been monitoring all mining work in the Barroso Mine and the resulting environmental changes, which allows us to better understand the impact caused by the activity of the mine. In this way, we also ensure that we are able to comply with the Environmental Impact Statement.



Starting to look oversold now.

[fqr714bhp] 31/7/2019 14:46

Another big dump of 658000 shares.

That is why it was marked down at the start of today. LOL

[broncowarrior] 31/7/2019 10:41

This buys and sells stuff, people need to remember people will only buy at the price they want to: someone must be willing to sell at that price!Bit of a summer news lull but should be lots to look forward to September onwards.

[ukgeorge] 31/7/2019 10:23

zzzzzzzzzzz roll on some news and a spike

[fqr714bhp] 31/7/2019 08:13

OH look we are down today on NO sells and NO buys???????????????????????????????

[fqr714bhp] 30/7/2019 12:17

reba: yes this share is starting to smell of ROT.

Manipulation has been going on here for 3 months now.

LOL!!!!!!!!!!!

[reba] 30/7/2019 12:03

500 sells yesterday down 30 500 buys today still down 30
Manipulation springs to mind.

[ukgeorge] 30/7/2019 11:01

Really getting quite painful now.

roll on a change in sentiment in the whole sector.

[busraker1] 26/7/2019 19:59

The current short term oversupply of lithium concentrate is causing a few bits of financial stress to producing lithium miners, particularly the smaller ones. Here's a Trading Update from Alita Resources where delayed shipments due to oversupply has caused them to have to raise more money unexpectedly to avoid defaulting on their $40m loan etc.

I'm not sure we'll see this tightness in the market much in the next few years as I think demand will exceed most estimates from next year but it actually helps a bit that SAV won't be mining until around early 2021 or so.

allianceminerals.com.au/wp-content/uploads/2019/07/02126188.pdf

[ged5] 26/7/2019 16:17

Thanks paleje.

A small tick up on the bid to take us into the weekend.

Well done on the other one. Leave the nutters to it for a couple of days.

[paleje] 24/7/2019 14:58

SP Angel note released, risked valuation taking into account early stage and protracted licences, 12p Portugal 2.8p Moz, so 14.8p. Room for improvement later in the note.

[paleje] 23/7/2019 13:55

Interesting read busraker, thanks.

Ali try [e-mail]