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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Savannah Resources Plc | LSE:SAV | London | Ordinary Share | GB00B647W791 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.09 | 2.24% | 4.10 | 3.90 | 4.20 | 4.05 | 4.00 | 4.05 | 616,409 | 16:35:25 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 0 | -3.62M | -0.0020 | -20.25 | 74.04M |
Date | Subject | Author | Discuss |
---|---|---|---|
19/11/2019 07:58 | Excellent RNS. It will take time to digest because of the amount of additional info that is now on Savannah's website. Enjoy reading it, GLA, GD | ![]() greatfull dead | |
18/11/2019 10:26 | https://www.linkedin | ![]() inbrackets | |
18/11/2019 10:06 | Thanks IB! Leixões has been ‘chosen’ by the government as a possible site for Europe’s first lithium refinery. Observador online adds that “Galamba believes that the local population will be surprised with the proposals, because, he gives as an example: there will be no sulphuric acid or other chemicals (involved), just the use of organic biodegradable material”. Galamba says the government is awaiting the results of an environmental impact study on the Barroso concesssion (Boticas) – to be conducted by mining company Savannah Resources – to see “where the impacts are” and then “have a serious discussion on the subject”. But in the meantime plans are to launch a public tender for a refinery “as soon as possible”. So they're considering a lithium refinery? | ![]() ged5 | |
18/11/2019 09:11 | https://www.portugal | ![]() inbrackets | |
18/11/2019 08:28 | So it has taken from 11th October 2019 to 18th November 2019 for them to formulate this announcement. I had expected the announcement to state all admin tasks completed and licence paid for. Over 5 weeks to confirm what we knew. Surely they can afford the payment. | ![]() ged5 | |
15/11/2019 17:32 | They need to engage with the negative bunch , promote the benefits , new well paid jobs and plenty of cash for the whole community , cash always wins. | ![]() jotoha2 | |
15/11/2019 17:19 | You old cynic | ![]() bristol97 | |
15/11/2019 17:11 | Ah, but.... He currently feels your pain but will ultimately be obliged to take the hard and difficult decision for the benefit of the many. Even more so if the EIA nails it and Super Marios calls him to remind of all the European support.Call me an old cynic. | ![]() inbrackets | |
15/11/2019 15:23 | Well spotted IB. This mine will go ahead. Thinking about the protests, why now? There's already a mining licence. There's already a mine. it's just going to get a bit bigger | ![]() ged5 | |
15/11/2019 15:17 | Would like to think the massive environment benefits of lithium outweigh the concerns of a few residents dotted about. | ![]() broncowarrior | |
15/11/2019 15:14 | https://twitter.com/ | ![]() inbrackets | |
15/11/2019 15:13 | I just wish it was good news I could post. I see some are taking advantage of the low share price | ![]() ged5 | |
15/11/2019 14:48 | I have been reducing my holding. The risk is getting far to great and the management has just become a laughing stock. | fqr714bhp | |
15/11/2019 14:36 | I'm very disappointed in the company. I had great hope that they would deliver and they might still do so. I can't see the big motor companies nor the EC allowing perhaps the best lithium project in Europe from stopped being mined. Unless there's news from Moz or Oman I can see a little weakness in the share price until the EIA gives evidence that the problem can be sorted. Oh well a further wait! | ![]() ged5 | |
15/11/2019 14:20 | Agreed they do hold back a bit with information FQ, that's been a trait for years. Good find Ged, not a pleasant read however. Not abnormal for miners to encounter opposition of course but with all the other factors, global uncertainties and just plain slowness in the EV sector, not to mention the choice between carbonate/hydroxide which some big players are already making, it's a bit difficult to see the wood from the trees at the mo. For me anyway. | ![]() paleje | |
15/11/2019 14:02 | GED5 Indeed that is not looking great. Funny how SAV has not issued an RNS regarding this serious problem??? | fqr714bhp | |
15/11/2019 13:12 | Reluctant to post this from yesterday but I was looking for reasons why the share price is going down. Things aren't looking good. Let's hope the EIA isn't controversial! | ![]() ged5 | |
14/11/2019 15:05 | Take a look at HZM Fantastic prospects there. | fqr714bhp | |
14/11/2019 13:58 | The problem is when companies do 60% discounted rights issues and wipe out their current shareholders the market loses trust and interest. I personally think that any reasonable uptick in price will just be an opportunity to get out. As they will likely run out of cash again and do another 60% rights issue. The funny thing is junior mining companies are always whining about not getting a fair valuation the fact is that the majority are overpriced lifestyle companies. | ![]() ukgeorge | |
14/11/2019 13:17 | Yes I am still on the mailing list so I saw Appendix A. I suppose if we were in ramptastic mode we'd be pointing out the 80.8% recovery rate and the 6.57% and 6.6% concentrate grades. | ![]() ged5 | |
14/11/2019 12:24 | ....and I suspect the potential project financiers are the ones dictating some of the timescales for SAV, as they may want to see an upturn in lithium pricing before throwing $100m at us etc. ...and probably dictating the need for these extensive met tests to avoid the cash problems that some Aussie miners have had etc. | busraker1 | |
14/11/2019 12:21 | Thanks Ged....from what I've read the new 'whole ore floatation' process is more robust at dealing with the variable ores that will pass through it whilst achieving 6% Li20 more consistently (on average) across them all. It also appears to offer cost savings. The compromise is a slight reduction in recovery rates it seems. I don't know if you saw the full pdf of the announcement this morning, which had the Appendix in it with the detailed test results. Some of the better samples at Grandao were still doing 80% recovery at 6% Li20, it's just that the average was more conservatively around 75%, 77% etc. I thought it was encouraging and it's certainly very important to get this right of course...:-) | busraker1 | |
14/11/2019 12:13 | yes me too Highly geared. i kept "averaging down" (Haha) and then the placing arrived. very disappointing progress but perhaps in a few years things may look better | biopop | |
14/11/2019 12:04 | Thanks busraker, I'm very grateful for your post. I actually think most of your post is more than an opinion. It is very much based on fact. I was a little disappointed the recovery rates were under 80% at this stage but pleased with the 6% concentrate grades and the low iron. Let's hope for more progress and hopefully at a faster pace! | ![]() ged5 |
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