Savannah Resources Share Discussion Threads

[alexandre martins c de lima] 29/7/2020 10:34

> 45% increase in life of mine.

Just marketing gibberish like the whole promotion clip made up of a few drone videos and stock imagery. The 'raise' of ML was achieved only by the card trick of including non productive construction and closure phases.

[ged5] 29/7/2020 10:01

I didn't notice any mention of Mozambique in RIO's half year results. Did anybody?

[jotoha2] 28/7/2020 11:04

Lets hope so , have serious money sitting here collecting dust .

[ged5] 28/7/2020 11:01

About 50% rise at one point for EMH with a sniff of an agreement.

Just two months ago SAV signed an agreement with EIT.

I think things are beginning to happen here. Belatedly I admit. I may be wrong but I just feel the fortunes for SAV are about to change.

[jotoha2] 28/7/2020 10:49

All lovely stuff , share price clearly reflects so. Now if there was a sniff of an agreement then whoopee !

[ged5] 28/7/2020 10:40

Scoping study: Life of mine ~11years
Today: Life of mine 16 years (at 1.30 in the film)

45% increase in life of mine.

[ukgeorge] 28/7/2020 10:18

Yes nice video.

chart looks primed for a spike higher, although I can't think of any reason to justify it.

[inbrackets] 28/7/2020 10:04

Got to give it to them, a professional, uplifting sell, as they say el futuro. Finally putting the case forward after the months (years) of preparation.

[ged5] 28/7/2020 09:35

Well after that little look into utopia it looks like SAV may be branching out.

App development or film making?

[ged5] 28/7/2020 09:27

Good morning IB.

I must check up on that agreement.

Looks like they're stepping up public relations:-

[inbrackets] 28/7/2020 09:13

Ged, hi.I read through EMHs RNS this morning. Got the impression they are looking towards battery storage rather than EV grades and it has certainly put another log on the fire under their so this morning. One section I noticed was "Developing relationships with EIT InnoEnergy's partner offtakers, with the intention of facilitating and advising on the negotiation of offtake agreements, potentially including offtake pre-financing; ""off take pre financing". Wonder if our EIT agreement includes this possibility should it be needed.

[ged5] 28/7/2020 08:31

And today is Tuesday.

Interesting paragraph in EMH RNS this morning.

"The clear mandate of the EBA250 and EIT InnoEnergy is to secure raw materials, technological development and industrial production of modern energy technologies in Europe, for Europe to be largely self-supporting in these critical sectors. Lithium is central to this as the single most critical metal required for almost all energy storage technologies - as the lightest metal and with the highest charge density to mass ratio, it cannot be replaced."

Hasn't DA had connection with the EBA?

[jotoha2] 28/7/2020 07:30

There will be no mine construction taking place until at least take of agreement is in place and or permits are confirmed , at this stage its just a dream , and DA is still asleep.

[highly geared] 27/7/2020 18:08

The DFS will be 2 years late on the timescales provided by DA back in 2017.

I get the reasons and I hope there’s a plan, but assuming the environmental and mining permits are granted in Q1 2021, Finance must be agreed concurrently, so we don’t sit around as the lithium EV battery cycle passes us by. I’d expect mine construction to commence by H2 2021 with first production in 2022, otherwise, what are they doing in the 7-10 month review by the authorities?

[ged5] 27/7/2020 13:54

Is it in auction? I can't get a quote now.

[ged5] 27/7/2020 13:47

It has been a problem but perhaps there's a little bit of momentum now building here.

"Encouragingly, these key themes also appear in a recently published draft report, "Strategic Vision for Portugal 2020-2030 Economic and Social Recovery Plan", commissioned by the Portuguese Government to identify recovery stimuli for the Portuguese economy following the Coronavirus health emergency. Among a number of measures and opportunities which government consultant, António Costa Silva identifies in his report, is the long-term economic benefit available to Portugal from its domestic resources of metals, including lithium, required for the energy transition and decarbonization of the global economy. We now look forward to the final draft of this recovery plan which is expected at the end of the month."

So we could possibly get some more news this week or early next week.

Nice 400K buy earlier. I'm getting 2.07 quotes for smaller amounts.

[jotoha2] 27/7/2020 12:50

For sure it's going to be a EV bonanza going forward , the problem here is that DA is not moving the project forward fast enough to capitalise , where is the drive from our CEO, the VW van is still parked in the executive space .

[ged5] 27/7/2020 12:35

Yet another reference to VW in their latest tweet.

Here's the FT article:-



All buys so far today.

[ged5] 27/7/2020 12:32

#MinadoBarroso will provide the #EU with #lithium from a sustainably managed source operated under EU/member state regulations and will help complete the strategically vital Euro value chain for batteries and #EV s and meet climate change targets.

[jotoha2] 27/7/2020 10:09

So the experts belief it is a worthwhile project , all we need now is permits from all concerned , and confirmation of envisaged take of agreement and then Boom . At the speed DA operates then another 2 years min.

[reba] 27/7/2020 09:55

Hi Ged5
Was in this about 3 years ago but bailed out due to it stagnating. things looking a little better now so thought I would get involved again.

[ged5] 27/7/2020 09:44

Thanks Reba. A little top-up for you?

I had one earlier.

There's been so much background work going on here that at some point it will be reflected in the share price We've waited such a long time so far. let's just hope it will be worth it.

[reba] 27/7/2020 09:33

the 25000 is a buy not a sell

[ged5] 27/7/2020 08:38

At last some good news. A very detailed report which might take a little time to digest.

Welcome back Edgein.

[edgein] 27/7/2020 07:28

Wow that's a detailed report, shows the significance of MdB vs our tiny cap here.

Regards,
Ed.