Savannah Resources Share Discussion Threads

[goodday1] 14/4/2021 15:53

DA has been doing placings for years.He failed in Finland & Oman.Heavy sand nowhere to be seen.All the money he spent on Portugal to buy the land went to his mate!He has been issuing bonuses & free shares for himself.

[flc] 13/4/2021 12:47

Too soon to pass judgement on DA. Potentially, there are three huge updates bubbling away in the background...Barroso, another off take agreement and of course...Mutamba. If it's thumbs up on any of these we could easily be in double figures so worth sitting tight and letting Mr Archer do what he does.

[inbrackets] 13/4/2021 11:45

As long as you are not Sleeping Beauty.

[ukgeorge] 13/4/2021 11:42

I think it is all going to come good and these are my biggest holding. Ultimately it all takes time, and the EV industry is only just getting started. Yes DA gets paid a lot but he also has a reasonable amount of shares so will hopefully be trying to get us a good deal in the longer run.

We know Galp are looking at building a refinery and that VW are considering a gigfactory in Iberia, If EV sales reach levels that they are forecast to the lithium market is going to be undersupplied for many years. Galp are doing their due diligence and we still need the BFS and mining license. Hopefully it will all come together.

I hope to one day wake up to a flurry of positive news announcements

Roll on 5.5p resistance being taken out.

[goodday1] 13/4/2021 09:47

Will this DA deliver?Probably the highest-paid CEO & milking it for years.Don't forget his bonuses & expenses.Who cares, if he only delivers on any of SAV projects?

[ged5] 10/4/2021 10:14

This video is from Infinity Lithium but I found it interesting to listen to the case for lithium hydroxide. Some useful comments which could easily apply to Savannah.

h

Don't forget to remove the hyphen before investors.

[ged5] 10/4/2021 09:53

Thanks to Glengarth for this link:-

Savannah Resources said today that the Barroso mine has already received more than 200 spontaneous job applications, demonstrating its interest "in a structuring project for the national and local economy".

Savannah Resources points to a socio-economic study carried out by the University of Minho on the Mina do Barroso project where it estimates that the project can generate around 300 direct jobs in the construction phase and 215 in the exploration phase, with an additional 500 to 600 indirect jobs. The investment volume is 110 million euros, referring to the construction of infrastructures and implementation of the project.

David Archer, CEO of Savannah Resources, considers that the number of spontaneous applications received so far “demonstrates the interest that the Mina do Barroso project is arousing at local and national level. We are committed to local people to develop a project that creates new opportunities for employment and life, respecting the values ​​and traditions of a region that is at serious risk of desertification. For this reason, we present a project that makes sustainability one of its greatest characteristics ”.

According to the same study, Mina do Barroso will have a contribution of 437 million euros to GDP and will increase the export of ores by 20%. It is estimated that the taxes collected by the municipality of Boticas will increase 133%.

The project will also contribute, according to Savannah, to “qualify the region's human resources, combat desertification and is not just another mining project, but a project for the future of the region and Portugal, whose development will be based on the most modern techniques of 'green & smart mining' and sustainable development, in full compliance with Portuguese and European environmental legislation and regulations ”.

The exploration of the Barroso Mine places the country in a privileged position in the lithium battery value chain, encouraging the development of other projects and valuing national resources.

The project, which awaits the Portuguese Environment Agency's declaration of conformity, will serve as an anchor for the development of the lithium battery industry, which will represent an important economic boost for the Portuguese economy, contributing to the country's recovery in the post-pandemic .

Applications were received spontaneously through various means, so Savannah decided to create a dedicated email for this purpose: [e-mail]. Savannah is available to receive and analyze applications from anyone interested in working at Mina do Barroso in the near future, and is developing a conditions plan that will be presented to all interested parties in the coming months.

Savannah Lithium, a subsidiary of Savannah Resources, is a mining prospecting company that, since 2017, has developed all the studies necessary for the development of a litiniferous feldspar exploration project and subsequent production of spodumene concentrate in the Barroso Mine, whose concession has existed since 2006.

[sev22] 08/4/2021 15:45

The technical analysis is looking strong again. This should breakout with a positive update.

[flc] 08/4/2021 12:28

Looking positive. Agree, Mozambique is a bloody nightmare...I hold stock in RAI and they've just evacuated their entire workforce from Cabo Delgado in the North although things do appear to be settling down a bit.

[ged5] 08/4/2021 11:05

Rising nicely. Will we get to 5.75p on this leg or will the expected news materialise and take off begins?

Sad to see the troubling news in Mozambique. For anyone new to SAV the trouble is in the far north of the country where there has often been unrest.

Mutamba is in the south of the country where there is some semblance of stability.

[ukgeorge] 01/4/2021 10:54

SP Angel, put the following broker note out yesterday with an 11.5p target price.

[ged5] 31/3/2021 12:51

Indeed yes. That chart has worked beautifully so far.

[gepetto100] 31/3/2021 11:35

Definitely top up time

[ukgeorge] 31/3/2021 10:04

top up time? hopefully finds some support around this level. Otherwise a return to 3p. Roll on some good news. Glaciers do move quicker than this company ;)

[ukgeorge] 30/3/2021 14:45

Patience is all we hopefully need. It all seems to be falling into place, we have Galp doing their due diliginece, then they will hopefully announce that they are going to build a refinery, potential deal with Northvolt, that are tied in with VW. I am hoping for a flurry of news at some point that brings it all together. Probably an off take agreement tied in with finance to build the mine. Archer has got a decent amount of shares so hopefully is going to get a good deal for shareholders.

[reba] 30/3/2021 14:03

need some positive news.
MD milking this sitting pretty with his expensive salary.
doing nothing to support the share price
Need a guy in charge from Portugal to see this through

[reba] 30/3/2021 14:03

need some positive news.
MD milking this sitting pretty with his expensive salary.
doing nothing to support the share price
Need a guy in charge from Portugal to see this through