Savannah Resources Share Discussion Threads

[inbrackets] 17/11/2020 21:35

https://info.innoenergy.com/eit-innoenergy-iberian-battery-summit-2020Maybe another step towards things in concert with others. Perhaps a nascent industry with interdependent parties.

[highly geared] 17/11/2020 08:23

He could and should release the BFS. No reason I can recall for this to be delayed any longer.

[jotoha2] 17/11/2020 08:12

What is amazing is that DA truly beliefs he is achieving , ten years of pratting about and still no results to justify his position, bring in a deal maker.

[ged5] 16/11/2020 10:31

The wait goes on for the EIA. I still reckon Q2 for the EIA to be approved.

[jotoha2] 16/11/2020 09:55

Where is the news Archer , nearly end of year and you are still asleep.

[inbrackets] 13/11/2020 20:27

Dangerous thin ice to look at mcap of the companies with no reference back to the issued shares at the time. THis time we have had plenty of dilution and hopefully we may see a good lift in share price at some stage.

[flc] 13/11/2020 17:28

Proative Investor 2013:

Archer’s track record is an impressive one. During the 1980s and 90s he built Savage Resources from an initial US$1mln of investment into a US$500mln business, and he repeated the trick again with Hillgrove Resources, which he took from a shell company to one with a US$200mln market capitalisation.

[flc] 13/11/2020 17:17

.....'We decided to keep the fundraise relatively small as we remain confident of announcing an offtake agreement for the lithium product from Mina do Barroso and/or a strategic investment partner for the project in the coming months. These developments will enable us to access other forms of finance for the development of the project, as well as improving Savannah ' s market valuation'

[flc] 13/11/2020 17:04

Well at least we ended the week in blue which is always good. Off take agreement within weeks, Oman offloaded to focus on the juicy stuff and cash in the bank..it's not all bad and worth the wait.

[jotoha2] 13/11/2020 12:02

He should be achieving stated objectives which he made , one failure after another , Oman dumped at a loss , no of take agreement , and joint venture with RTZ stuck in the mud going nowhere . Top man he certainly is not.How many decades does he require , he should go like Cummings.

[inbrackets] 13/11/2020 11:13

I certainly share the frustration at the seemingly endless quiet period but I am not sure that the equally endless targeting of DA as the blockage is accurate or particularly fair.There are obviously massive shifts happening on many levels, political between trading blocs, within countries, and then within manufacturers etc etc as supply chains are forged. SAV will be part of this but part is the operative word. It may be at the hub of its own relatively parochial world but it is not the hub of the wider world that it looks to supply into.Until the elements of this wider world are ready to progress, (Portuguese Gov, OEMs, industrial groups for processing facilities), with the company subject to NDAs (so any CEO not just the current), what is it exactly that you think he could be doing?

[jotoha2] 13/11/2020 10:37

All the right things happening at BCN , come on Archer get on with it .

[jotoha2] 11/11/2020 12:25

Pivotal moment , will she rise beyond 3p and blue sky , or will she double top and back to 1p , come on Archer show us some results.

[inbrackets] 09/11/2020 09:01

Maros Sev has been laying out some timelines again..."Finally, the European Commission is planning stricter green standards for batteries as part of a new battery regulation, expected to be tabled on 18 November, spelling out new standards for batteries, with the aim of reducing the overall carbon and material footprint of batteries manufactured or imported into Europe.This will include "something like battery passports that will ensure easy access to information about key parameters of batteries and their origin," including the raw materials that went into the manufacturing process, Šef?ovi? said."For the past few years SAV has been working within timelines set by others.

[jotoha2] 08/11/2020 17:04

On the 7th november 2018 Archer did a very bullish interview in which he outlined an of take agreement within the next 4 qtr's , that did not happen David and its now 2 years since that proactive interview, you clearly have failed on meeting your own deadlines , resign or come up with the goods at long last.

[ged5] 08/11/2020 10:37

Missed this on Friday:-

Plenty happening at the world class #Mutamba Mineral Sands project - EIA tender issued with 32 responses, community outreach underway, technoeconomic aspects under review, weather/hydrology programs underway, port bathymetry study and power links negotiations.



Also noted that Oman has been removed from the assets and community links. Just Portugal and Mozambique now

[inbrackets] 08/11/2020 10:09

Our local fishmonger is a decent guy. He gets involved in the community, is generally positive, knowledgeable, is interested and interesting, bringing his efforts to add to the common table. Not saying that everyone hangs on his every word like some latter day Messiah, but the last time we gathered together for bread and fishes, it was with welcome relief that he didn't bring any Carp.

[jotoha2] 07/11/2020 09:33

So EMH have had a good week while we are still sitting in the mud slowly sinking to another share issue to keep the gravy train moving for the BOD'S benefit. Only a few weeks left for you to perform DA , if it's beyond your skills level take a sideway move and bring in a higher caliber performer.

[jotoha2] 03/11/2020 09:26

Archer needs to step up the speed here ,where is the of take agreement we have all been expecting for some time now.

[busraker1] 02/11/2020 13:59

Pilbara Minerals looking to scoop up Altura Mining for AUS$175m. Altura is a very similar project to SAV, but with over a year's ramp up and production behind it in a very difficult lithium pricing market but with a very good reputation for the quality of its spodumene concentrate in the market.

Shows what can happen to a good project at the wrong time. Also shows a £90m fire sale market cap, so 3 x SAV.

[inbrackets] 02/11/2020 10:00

Newly released presentation bring much up to date. Talk of multiple opportunities for value adding info in 2020.Bring that first one on then, whenever you are ready as we've been waiting.

[inbrackets] 30/10/2020 18:23

New battery technologies are not imminent, or at least some time from any wide scale adoption even if ready to go now. Likewise new raw material supplies be it from potentially massive supplies in Cinovec and he mentions others that could be years away from permitting.That does to my mind push SAV forward with so few near term options available for Europe to prove intent.

[highly geared] 30/10/2020 15:40

Inbrackets; it’s difficult to believe anything official that is said and the track record over the last 8 years is there for all to see.

My concern at the lack of business plan execution is that MdB simply drags on to an extent that the EV market passes us by or new hydrogen or other battery tech gains traction. In the meantime, we get diluted to oblivion.

Great play was made around how comprehensive and long the Mine Plan and EIA took to pull together with each being thousands of pages etc. but momentum has stalled in getting the BFS finished and numbers out to the market.

[inbrackets] 30/10/2020 14:29

https://m.youtube.com/watch?feature=youtu.be&v=SP35mosKqjIExcellent discussion on what needs to be done in Europe for homegrown lithium supplies. Get the feeling the kettle is close to boiling.