Savannah Resources Share Discussion Threads

[jotoha2] 17/3/2020 12:26

Cannot belief the last interview with proactive on the 14/2 , the poor soul could not even answer straight forward questions without the need to glance at notes , does he not understand the industry he operates in , inept.

[jotoha2] 17/3/2020 12:12

He certainly does not behave like a CEO who is in one of the hottest market segments going forward 20 years , is he just not up to the job , and major holders do not have the balls to show him the door , resign now , you have destroyed the share price !!!!!

[ukgeorge] 17/3/2020 11:38

I wonder if DA will come out and blame covid 19

[nick9013] 17/3/2020 10:34

It's been nice meeting you all

[jotoha2] 17/3/2020 09:40

So where is Archer with the good news he spouted about ?

[tommygriff] 08/3/2020 07:32

Archer has made a right mess of this

[nick9013] 06/3/2020 18:10

They must need cash soon

[ged5] 06/3/2020 13:38

Alexander, are you for real?

"Other projects are far more advanced and show better technical performance (of proven reserves and their qualities and quantities) and less technical and social uncertainties. Keywords: European Metals Cinovec"

SAV:- Measured 6.6mt
EMH:- Measured 0

SAV 1.1% grade
EMH .45% grade

SAV IRR pre tax 63% post tax 48.6-53.2%
EMH 2017 presentation 21%

SAV may have some problems but EMH?

Looked at Infinity a couple of years ago and I've seen nothing but hype.

I'll look at Keliber.

[alexandre martins c de lima] 06/3/2020 13:14

The question is not if we need lithium or not. And I am far from campaigning against its use. Resources will come from wherever conditions for exploration are feasible in technical, social, political, and economic terms. Be it Europe, China, Australia, Canada, or the brine triangle in South America. Just like investment, the commodity fluxes of our contemporary world are global. Remember that lithium is not considered a Critical Raw Material by most standards. There is just too much supply and the current market setback is only proving it. Look up the technical documents published by SAV and Cornish Lithium and compare the proven results of found reserves to other projects in Europe and worldwide. Know what JORC and 43-101 are. And you will find that neither Cornish Lithium's nor Lusorecursos' (SAV competitor in Northern Portugal) assumptions are backed up by reliable drill data. Inform yourself about the different economic feasibility of lithium extraction from hard-rock and brine reserves. You will not need a long credibility track record of my participation here to confirm the facts I mention. Sure, if data nurtures doubts investors should be cautious. But please do not shoot the messenger.

[themightyali] 06/3/2020 12:25

Lima, I wonder who you are and why you are posting this post in order to frighten investors from savannah resources. You’ve only just registered and this is your first post ever on Advfn. If you are one of the locals in Portugal worried about the environmental impact then I would say to you, that sure it makes more sense to have a lithium mind in Europe where we can build batteries than relying and transporting from China that transport cost uses fuel and adds CO2 to the environment, locally mined lithium and made batteries in Europe means we don’t have to rely on China strategically, we also waste less fuel. Further more the local communities in Portugal will get investment in the local area, new jobs, in the mining for lithium but also pottery industry. Why do you people not see the longer term benefits to everyone involved. I confirm I am invested in this company and have a vested interest but I say the above because we have to move to electric vehicles, I am getting a Nissan Leaf very soon myself, not new but 5 years old, but it will run on clean electricity. Yes that electricity is made in a power station which will use fossil fuels for now but at least it’s more efficient than burning it to n a Diesel engine. And if you allow the mines in Portugal so we can build large batteries then we can charge from solar cells and wind turbines and then run the car on that. So please talk to your local people and make them understand that we need electric cars, we need electric batteries. Thanks

[alexandre martins c de lima] 06/3/2020 11:49

Unfortunately, beautiful Lucy Crane is anything but an innocent bystander. She's the geology front face of Cornish Lithium - spitting out news on phenomenal lithium potential in Cornwall since 2017 when the market was all set for boom, and Crowd Thermal money easy to collect. Since then? Not that much, just joining the SAV family of stagnation. Neither exploration results of proven hard rock or brine reserves in Cornwall, nor technical details on how the problematic and complex exploitation of lithium from geothermal fluids could work. Quite the contrary, images circulated to the press were all about pegmatitic hard rock reserves of which technical qualities and possible cross contamination with other metals have so far not been disclosed. You can make your own conclusions. hxxps://cornishstuff.com/2019/09/17/lithium/
Will there be lithium exploitation in Europe on a 2030 horizon? Maybe. If markets leave the valley of death and the Comission fulfills their flowery words on supporting inter community exploitation. Will it be from Cornwall or Portugal? Probably not. Other projects are far more advanced and show better technical performance (of proven reserves and their qualities and quantities) and less technical and social uncertainties. Keywords: European Metals Cinovec project CZ, Infinity Lithium San Jose project ES, Keliber projects in FI.

[inbrackets] 05/3/2020 17:59

Ged, interesting piece and I have to say that I agree with the message as supply chains will need to be shorter and cannot be farmed out to other backyards (as long as it is not mine).

[ged5] 05/3/2020 14:24

There's a video posted on the LSE site about the the local population, Savannah and a group of activists.

Here's a view of how mining can be better for the environment:-

[busraker1] 02/3/2020 11:28

Mining finance hard to come by.

[ukgeorge] 28/2/2020 09:35

DA is probably thinking this is a good day to raise money haha

[ged5] 27/2/2020 09:32

What I said about his pay some time ago, Jotoha. Not sure about the laughing stock.

Busraker, much of what you say about Archer I would have agreed with at one point. The problem is that he has made far too many misleading optimistic forecasts. He has tried to be too clever instead of getting a feel for the political games that have been played. He has a lot to do to prove himself. So far he might be doing a lot of work behind the scenes but he has been a failure in delivering.

Thanks for your link IB. Some positive statements in that article. Will they come to fruition?

(Capital H in the https makes it easier to locate on ADVFN)

[jotoha2] 27/2/2020 09:10

Cash will soon become an issue again , Archer requires more time , so what should the man do , stop milking the company and take no pay out until he has a deal in place , the man is a laughing stock in the city , go man go .

[inbrackets] 26/2/2020 22:23

https://www.miningreview.com/speciality-minerals/mutamba-strategically-important-for-mozambique-and-south-africa/PFS this year. DFS next year. MIning 2023.At least we now have the licences so this schedule is very much in our hands, so we shall see.

[jotoha2] 26/2/2020 19:10

And another nice day at SAV , looks like oblivion has finally arrived here .

[ukgeorge] 26/2/2020 16:05

Junior mining companies are just not worth the risk. 90%+ are just lifestyle companies run by shisters this seems to be no different.

[ukgeorge] 26/2/2020 14:57

total train wreck.

[highly geared] 26/2/2020 14:49

...and it gets better and better (FFS)!