Savannah Resources Share Discussion Threads

[ukgeorge] 26/5/2021 10:38

Blue square thanks for the information on the presentation hopefully there is a recording.

[goodday1] 26/5/2021 10:31

We all did the maths with the hints of DA that Moz & Galp will be supplying the cash.Look where we ended.Did DA address the subject on cameras or only going to hint at it to shareholders in private conversation?

[sc2000uk] 26/5/2021 10:22

Do the Math, about £7.3M raised in 2019/2020 that was for about 18 months before recent placing. So about 0.4M per month. So 10.3 will be about 25 months.

At the same time, a good amount of the 7.3M would have been on the costly EIA/APA submission. That will not be need to be repeated.

I expect any new purchases, etc will be either join ventures with GALP and in addition soon SAV will have cash coming in, so will be self financing.

[blue square] 26/5/2021 10:21

They have dropped the bid again 3.6p
I wonder if there will buyers in the
low 3p's or will this go sub 3p
£18000 down and counting on a post
raise investment not my best that's
for sure

[goodday1] 26/5/2021 09:29

Mate, don't you know DA?He spends other people like Boris Johnson!He wants to buy more land, DFS for both projects, employing many companies, advisors & works to be carried out for the project.Did anyone ask, how soon will he be tapping us for more cash?

[blue square] 26/5/2021 08:14

We have just had a placing and raised £10 million
so ample funds for the time being, this is all about
EIA at present.

[blue square] 26/5/2021 08:14

We have just had a placing and raised £10 million
so ample funds for the time being, this is all about
EIA at present.

[goodday1] 26/5/2021 08:07

Did DA mention if there will be another placing?

[blue square] 25/5/2021 20:38

Good presentation by DA but seemed a bit
nervous, talked about a 20+ year mine life
and a greatly improved NPV when the DFS
comes out, seems to think another offtake
could be announced soon and EIA approval
as catalysts to increase the share price.
when responding to the opposition to the
mine ,downplayed it as what would be
expected and talked about a small set of
activists and emphasised the hundreds of
jobs applications received.
also made the point it was a brown field
site with an existing mine, so not a green
field site, was enough to dissuade me from
selling any shares, said the market cap was
low in comparison with peers.
hoping the share does not fall below 3.5p
slight uptick in volume today.

[blue square] 25/5/2021 13:17

Personally think it would be best if the
LSE chat board was suspended until a
decision is made about the EIA.

[blue square] 25/5/2021 13:08

seriously thinking of reducing too many idiots
on these boards(lse) we are essentially guests in
a foreign country you need to be careful what
you say if the boot was on the other foot?
luckily all my current loses £15000 and counting
are more than covered by my wins on sports betting
in last couple of weeks so wont be crying

[goodday1] 25/5/2021 10:40

Thanks, happy to do the same.Ps; if you click on the top right arrow, you will see I answered your comment on the thread so you can see the conversation.Gl to all of us.

[sc2000uk] 25/5/2021 09:48

offer the same

[goodday1] 25/5/2021 08:30

Sc2000ukThat was your reply just under 1 month ago.Any response from you, yet.We are now 3.50-3.75 range.Will, we go through it in a month or less, we will see.Gl to all of us

[blue square] 24/5/2021 20:14

Not one of my best investment decisions on
timing £12000 down in a few weeks and I was
not blind sided by the raise.
Not cutting my losses yet, I expect the
share price to continue drift until news.

[blue square] 24/5/2021 20:14

Not one of my best investment decisions on
timing £12000 down in a few weeks and I was
not blind sided by the raise.
Not cutting my losses yet, I expect the
share price to continue drift until news.

[ukgeorge] 24/5/2021 14:46

Dear Interested Investor,

Savannah Resources plc today announced that David Archer, CEO, will present an overview of the Company and its current activities at the London South East Natural Resources Webinar on 25 May 2021. The webinar is due to take place between 17:45-20:02 BST, and the Savannah presentation is currently scheduled for 19:02-19:32.

For further details on the event, and to register please visit:
hXXps://us02web.zoom.us/webinar/register/1216055554885/WN_4mo_Tp8iTNyczo4hxQ_QcQ

With regards,

On behalf of Savannah Resources Plc.

[blue square] 22/5/2021 07:40

Television coverage of the public consultation
on 19th and of the protest, around 150 people
protesting, pretty much as expected.
hxxps://sicnoticias.pt/pais/2021-05-20-Manifestacao-em-Boticas-contra-a-mina-de-litio-5faea27c

[blue square] 21/5/2021 09:36

Not sure there is much churn if any, volume
is tiny, at the same time there does not seem
to be any support, I guess it comes down to
who wants to sell at these levels.
could see the drift down continuing,seems
it will be a struggle to get to 4p again
without news
This share is essentially a gamble,with
a large downside if the EIA decision goes
against us, personally still feel confident
but maybe misreading the situation