Savannah Resources Share Discussion Threads

[jotoha2] 28/10/2020 09:16

Clearly DA likes to operate at a snails space , by the time he gets there cars may well be running on hot air , certainly he has plenty of that.

[paleje] 28/10/2020 08:41

Always seems like still can kicking after a long wait but a lot in that RNS is true, the EV market is getting more coverage and lithium is starting to get interesting again, other co's a bit further advanced than us are getting deals in place. It sounded a bit more constructive, to me anyway and I've stayed away for ages keeping just a small holding. Might be time to adjust that.

[jotoha2] 28/10/2020 08:17

More can kicking , as expected from DA Mr Dynamic !

[broncowarrior] 28/10/2020 07:59

Yep, offtake partner will be key. Massive re-rating if that happens, should see 10p again pretty quickly.

[flc] 28/10/2020 07:57

Off take agreement on the near horizon..sounds promising

[jotoha2] 22/10/2020 15:12

3p hard nut to crack , where is the news before it gets back to 2p

[ukgeorge] 20/10/2020 08:05

Roll on 5p

[jotoha2] 19/10/2020 19:27

Chart is starting to look very interesting indeed !

[highly geared] 19/10/2020 19:00

Good to see there’s life in the corpse..

News should be through in the next 2-3 months on MdB mine licence and environmental permits. Go ahead unlocks everything else including ( hopefully)financing to mine production in 2022.

[ged5] 19/10/2020 15:57

Well I thought this was looking a bit overbought and was expecting a drop. Perhaps there's more to this rise than meets the eye!

[jotoha2] 18/10/2020 16:31

If they tie up with VW then 20/30 p will be the spike , just massive potential , what a result if DA manages it.

[nash81] 17/10/2020 01:07

broker target 10p per finncap.

hopefully we will get there by this year on offtake news !

[sambuca] 16/10/2020 14:18

I have put a stop order in at 2.6p this has gone up 40% on no news in 3 days could go back just as quickly. Hope it doesnt as I would like to increase the level of my stop.

Sam

[edgein] 16/10/2020 12:02

Ged,

Interesting. It would be nice to see some progress on that world class asset too. But goodness me we must be close to news on MdB now surely? That DFS has been cooking for some time now.

Regards,
Ed.

[ged5] 16/10/2020 10:11

There you go George! Buying started again.

Bronco, I was in contact with the company. I was alerted to an advert put in the newspapers in Mozambique. They were inviting tender to carry out the EIA for Mutamba. The closing date was 20th October. I guess the RNS will be made when someone is appointed.

The 3p initial target was mine based on the chart. After 2.4p was left behind 3p looks like the next target. If that goes then who knows? It will take a good OT agreement to move it above 3p imo.

[ged5] 16/10/2020 09:45

Bound to happen, George. Some will have taken about 40% profit in about two weeks.

As Ed said this rise is possibly more to do with Mina do Barroso.

[ukgeorge] 16/10/2020 09:40

lol so predictable

[ged5] 16/10/2020 09:33

Bronco, are you talking about the 3p target or the EIA?

[edgein] 16/10/2020 09:27

Interesting price move, can't see it being a delayed reaction to the news on the 14th that they may be accelerating Mutamba. Hopefully see some movement on these long awaited offtake and DFS.

Regards,
Ed.

[broncowarrior] 16/10/2020 09:26

Ged can you explain a bit more about this? Can't remember it or significance.Price moving nicely. Finally.

[ged5] 16/10/2020 09:11

On the march again. Looks like 3p is the immediate target!

[ged5] 15/10/2020 15:22

Just a reminder. Next Tuesday is the deadline date to put in tenders for the EIA in Mozambique.

[ged5] 15/10/2020 15:09

It doesn't seem that long ago they were thinking about having lithium on the LME. Now you can get the price of lithium.

The summary here suggests the price will stay at record low levels for the next couple of months then rebound next year. This site seems OK so I'll put it in the header for future reference.