Savannah Resources Share Discussion Threads

[ged5] 01/6/2020 08:32

I agree about it being news driven as I've put on other threads but always worth keeping an eye on, Jotoha.

Well at least it has been submitted, excellent news.

News from Oman is now needed. Sell it and progress Mozambique.

[highly geared] 01/6/2020 07:33

7-10 months!

No excuse not to progress Mozambique and Oman !

[broncowarrior] 01/6/2020 07:12

Major milestone this, well done. Only issue is at over 3000 pages how long does it take the environmental agency to read it?

[jotoha2] 31/5/2020 17:14

Ged , relative strength is high , which is good , this sort of stock is not really one where data applies , its more news driven , and the news is starting to come together , volume has not been especially high yet , but some are nibbling away , lets see if it continues , if we get a spike this week then 6p will be the time to take some profits , but prefer that it continues to climb around 15/20 % per session.
GLA

[highly geared] 31/5/2020 15:21

“ Big picture “ appears to be coming together. Gut feel is another 6 months for approval of mine plan and EIA with DFS out December or early 2021. Finance sorted out H1 2021 with first production H1 2022?

[ged5] 31/5/2020 14:31

free stock charts from uk.advfn.com


So what do you call overbought then, Jotoha2? And I did say a little pull-back.

The EIA has yet to be submitted so I expect we won't see it just yet. There's no hurry. It looks like events are working in Savannah's favour but I still think a little more patience is needed.

There again with all the buying on Friday there may well be some news in the morning.

[jotoha2] 30/5/2020 11:56

Not yet overbought , may be a spike if news comes next week , otherwise a nice steady rise to 4.5p which is a fair price based on info at hand , David may yet surprise as quicker than expected , so do not expect a large pullback , EV and Lithium are in play all over the globe ! Certainly a cup and handle , so should start to motor at some stage .

[ged5] 30/5/2020 09:42

A very promising week. Good potential newsflow indicated in the RNS.

Other articles suggesting demand for lithium.

EU showing support for the lithium change.

Very short term I wouldn't be surprised if there was a little pull-back. It's looking very overbought.

Is that too much of a V for it to be a classic cup and handle?

[jotoha2] 29/5/2020 19:36

No way leaky leaky , David did smile a lot and hinted that they were very close , the picture behind him of a VW Ev gave the message loud and clear ,at this stage we should be valued at £120 M mkt cap , which is 10/12 pence for starters .

[broncowarrior] 29/5/2020 17:55

One more penny and i'm even again. Leaky leaky?

[jotoha2] 29/5/2020 16:16

Starting to motor now , all looking good for massive rerating here ! Come on David spill the beans.

[jotoha2] 28/5/2020 16:26

Large trades coming through late in date , shown as sells , but most probably buys from earlier on.

[ged5] 28/5/2020 16:13

#Europe leading e-mobility investment that builds on its #EV manufacturing, natural EV customer base, supportive carbon elimination regulation and a strategically secure source of conventional #Lithium from #MinadoBarroso in #Portugal.

[jotoha2] 28/5/2020 16:10

Thanks Ged ,,not sure VW will wish to own the company , but certainly having a strategic level of shares would give them a supply assurance going forward , makes great sense to guarantee the supply line.

[ged5] 28/5/2020 15:52

Thanks to LawrenceH. Posted this morning on LSE:-

[jotoha2] 28/5/2020 15:35

If it's VW that are going to be involved in take of of materials then a 10 bagger is within sight for starters , brilliant stuff!!

[broncowarrior] 28/5/2020 15:34

Nice raise. Bit of momentum building here.

[jotoha2] 27/5/2020 17:54

Thanks for the link GED5 , have never seen David so positive and smiley , surely he has the big news we are all waiting for ready to be announced to the world !!

[ged5] 27/5/2020 13:17

Today's interview:-

[jotoha2] 27/5/2020 10:06

Its being held down to allow some to get in before the big rise , more news expected shortly.

[hiddendepths] 27/5/2020 10:05

This is certainly great news. This share is completely overlooked by the market!

In view of the surges in many of the clean energy stocks, this seems manifestly unfair to me.

My break-even is below 6p - but not by much!

[biopop] 27/5/2020 09:23

what more? share price north of my break even of 6p would be good. at least it shows there is still a spark of life in the old dog

[jotoha2] 27/5/2020 08:35

Great news , this will open many doors for SAV within the EU , customers , finance , and technical assistance , what more would you want !

[broncowarrior] 27/5/2020 08:34

Was hoping for an offtake partner but this is still good news.