Savannah Resources Share Discussion Threads

[flc] 07/6/2021 08:22

Well, if it keeps us blue then let him keep doing it!

[goodday1] 07/6/2021 07:53

Me Peanut bought again on the open market.Lol

[goodday1] 05/6/2021 23:25

Yeah, call out charlatans Lol

[sc2000uk] 05/6/2021 17:03

Do you do any other tricks or just copy/paste.

lol

[orkney] 04/6/2021 16:33

Interesting article on the problems facing the Green revolution with environment protest groups and the desperate need for mineral resources to be mined in Europe

[ukgeorge] 04/6/2021 09:25

Although 250k is a token amount it will fingers crossed mark the bottom.

[goodday1] 03/6/2021 14:03

Well, DA has bought 250K on the open marketLoooollllThis stupidity will bring the share price down.This is much much much less than my half the shares I am still holding!Shame on you DA, that is less than £9K & it is about 2.5% of his inflated salary. Does this show confidence?????

[sif12] 02/6/2021 11:02

also on the LSE, the interview asked DA about mozambique- he basically dodged it.. rambled for a bit, but basically theyve made no progress with a major player like rio tinto and then basically said that lithium is where they will focus.

i think theyll try and sell of Moz interest.

there are no major II shareholders. slistreams director is also on the payroll. and youve got AI marjan sultans as director too.

DA is 64 and on 350k/ year- hes just milking this like a big pension. basically i was looking whether there was anyway to oust DA- basically there isnt.

[sif12] 02/6/2021 10:51

I watched the recent LSE interview with DA. not very impressed but in a way helped to put things into perspective.

I think the GALP exclusivity lapsing is in no way a positive- it wasnt about investment, it was about a big name and their leverage..i hoped they would add credibility to get the EIA through. if im GALP im probably not impressed by SAV and DA, so will jump in if EIA comes through, but wont punt before.

But the simple positive case here is, however poor SAV maybe, portugual i believe will want the investment/ job creation and sooner rather than later.

So I still see this as a bit of punt, but weight on the positive- IE EIA comes through.. we multi bag in short term.. say 10pence. Then EIA> GALP> DFS but the problem with part 2 and 3 is.. its partly the skill of DA so this could proceed less than optimally :). Therefore Id say the share price may do better off the hype rather than though to actual production if we have EIA.

IF no EIA, then 1p.

[goodday1] 02/6/2021 09:47

Here it is, the hinting by the pumped starts.Played a binder, lol. By diluting the gullible for Oman which is a right off, Finland, which is a right off, Moz still waiting despite the pumping & now Portugal!Ps; Jam is not coming tomorrow, it is coming next year, apparently.LolOsaka Posts: 548Price: 3.475 Strong BuyRE: For sale sign erected?Today 07:37CM you are spot on, DA has played a blinder here. I always thought that Galp had got a cracking deal, we will see a subtantial improvement on any new deal, I stated many years ago that despite David talking of "going mining" that i've always thought the real plan is to produce "oven ready" projects, our time is now so close. Once this EIA is over the line the offers are going to start rolling in. I very strongly suspect that VW will be involved, they have announced that they will be going direct to mines to secure raw material.

[inbrackets] 02/6/2021 09:07

ETA of the EIA is now 2022 according to the report. Of course, it could be earlier...'Dance partner' expected by the end of the year according to the interview yesterday. Of course it could be earlier....

[ukgeorge] 02/6/2021 08:47

FLC, agree now is time for DA to dispell all the criticism and get the shareholders a good deal.

A few possible

EIA in the next couple of months
European Commission grant €20M (this would be transformational imo)
Galp investment and off take agreement (pray for good terms)
2nd off take agreement or Galp come in for the rest (more logical to me)
DFS (with increase in the NPV given the higher resource)
Funding (grant, galp money, no more equity)
VW, Northvolt, Galp, Savanaha deal.
Additional exploration licenses
Expansion of resources (2023)

My bet
Fortescue buy Savannaha

[flc] 02/6/2021 08:25

Can't add anything other than he's now set out his stall for a string of positive announcements. If they are not forthcoming then all of the comments about DA would appear to be correct. Still holding

[goodday1] 02/6/2021 08:16

Come on, what are the actual achievements of DA?Other than doing successful placings at lower & lower prices & pumping the LTH while diluting them to infinity & beyond?Anyone can add more, please.Keep it clean, keep it lithium friendly & stay relaxed.Lol

[reba] 02/6/2021 07:44

RN. Nothing changed. Spending a fortune.
Never seen so much waffle in a report. More about covid blame that what progress has been made.
Kick DA out and get someone else in who knows how to run a company

[sc2000uk] 01/6/2021 23:43

I get it, you don't like DA. You have given many reasons for this, though I don't agree with all I accept you have the reasons. But if you're so right about DA being bad, but also right that as a whole SAV will come good in the end, then why not exit until EIA is approved and more dilution takes place (as you always suggest it will) then buy back in on the cheap, or exit for good and be happy that you got out before it reached zero if no EIA.

[goodday1] 01/6/2021 22:59

I remember a poster on LSE "Osaka" used to call it 40p.Now the max headroom is 16p & still more dilution to come.DA is a huge contributory factor in our decline.Look at kopfkissen post tonight on LSE!He is been with this share longer than DA messing up with SAV.Lol

[sc2000uk] 01/6/2021 20:32

or share price could have drifted sub 5p (was likely to do with no news), then the end of HoA was announced with funds being required at that stage...what would the placing price have been then?

As been said on here, SAV will either go very low if EIA not approved or will multi-bag. Only two destinations, but multiple routes to the final one.

[goodday1] 01/6/2021 19:34

Ended 4% down on 24+ million (high) trading day.Now, let us call it out, it was a sh*t placing price.

[goodday1] 01/6/2021 15:30

Off course you are spot on mate & in no time the Sp will 6 bags & DA will give the long-suffering LTHs free shares.LolThe share price on the decline & it has been since that give away placing.That is the reality & you, the company & I can gloss it whichever way we want.Good luck to all holders