Savannah Resources Share Discussion Threads

[ged5] 18/11/2020 12:44

Sorry to see you leave, Highly Geared. As I said earlier I sold most of mine some time ago and the return on that money has been in excess of 400%. I will keep some and if the opportunity presents itself I will trade it.

Reba, SAV have only been at Mina do Barroso since May 2017. I have wondered why the Feldspar and Quartz haven't been mined to give some income. I'm not sure if I've had the answer to that.

Paul O'Donohue speaks Portuguese and he was brought over from Mozambique some time ago when they were waiting for Mutamba licences. I'm not sure where he is at the moment.

[highly geared] 18/11/2020 12:28

I’ve sold out and taken a 75% haircut. Feel better chance to get my money back elsewhere. Good luck all.

[jotoha2] 18/11/2020 12:24

DA , remember your Proactive interview in november 2018 , you promised of take agreement within next 3 qtr , its now 2 years since that statement , where is it exactly.

[jotoha2] 18/11/2020 12:16

Spot on rebs , some of us have been calling for change at the top for many months , DA has has clearly failed to achieve his own targets .

[reba] 18/11/2020 11:40

Sorry for the repeat

[reba] 18/11/2020 11:39

Does this guy in charge know what he is doing. SAV have held licences for Feldspar and Quartz since 2006 in this area. It's taken 14 years to submit and request permission for mining Lithium. Is he Australian. If he is stand down immediately and get a Portuguese mining MD in his place, one who understands how the government works and can quickly progress and answer any objections.
Another company had the same problem AMED a few years ago in Spain, and it wasn't until they got a Spanish bloke in, that they progressed to get the mining permits.
Locals don't like foreigners coming into the their country and trying to take over especially when they can't speak the Lingo and don't understand the culture.

[reba] 18/11/2020 11:39

Does this guy in charge know what he is doing. SAV have held licences for Feldspar and Quartz since 2006 in this area. It's taken 14 years to submit and request permission for mining Lithium. Is he Australian. If he is stand down immediately and get a Portuguese mining MD in his place, one who understands how the government works and can quickly progress and answer any objections.
Another company had the same problem AMED a few years ago in Spain, and it wasn't until they got a Spanish bloke in, that they progressed to get the mining permits.
Locals don't like foreigners coming into the their country and trying to take over especially when they can't speak the Lingo and don't understand the culture.

[jotoha2] 18/11/2020 09:04

All good stuff , the whole EV industry is moving forward at some speed , where exactly is this company in the grand scheme of things , still floundering around like a lost lamb. Get moving DA and work it out .

[inbrackets] 18/11/2020 00:52

https://www.youtube.com/embed/eyI9nnvHbnoTime well spent listening to this with gems of info throughout and a possible blueprint in the last 10-15 mins. Rodney looking at a much tighter market mid 2021 with sales running ahead and big suppliers dampening production in search of a fair return.DAs pitch at the upcoming 121 is to speak with non equity investors....do we see the start in a quest for an ESG Green Corporate Bond fund or similar.

[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.