Savannah Resources Share Discussion Threads

[flc] 09/7/2021 10:34

Looking like we'll just drift through the next two or three months and then the EIA will land and hopefully approval. Perhaps confirmation of a new off take/investment partner in the coming weeks and possibly Galp coming back in to play. Moz off loaded and then a pure lithium play. I'm looking for a multi-bagger on this one but like the footie on Sunday..it's 50/50.

[ukgeorge] 09/7/2021 09:39

I hope this is the calm before the storm of a flurry of good news.

Sadly it feels like we have invested in the wrong sector, but you can look around and almost all the other lithium plays are flying (so sadly it is just the wrong company). The market seems to have lost interest and no doubt trust in SAV. This is IMO mainly due to DA and the deep discounts and the inability to deliver progress. But we do have the largest undeveloped project in Europe!! Yawn.

[reba] 08/7/2021 12:08

he doesn't now how to do a good deal. bloody useless in my eyes. Sold us down the river.
anyone can give money away.
Goodday1 agree with you

[ukgeorge] 08/7/2021 10:51

My IRR Ironridge has come to life, seriously worth checking out.

Zinnwald also hiting fresh highs, kicking myself for having sold

Teleportation will be invented before DA does a deal :)

[goodday1] 08/7/2021 07:43

We need positive news ASAP.DA, are you listening, no more printing shares for peanut & then discounted for good measure.Lol

[ukgeorge] 06/7/2021 14:15

Give it a couple of months and Galp will make an offer, I would guess it will include some sort of financing to get the mine built and an off take agreement. Hopefully DA won't sell us totally down the river and we can get back to 6p maybe even higher. Longer term hopefully we can get the drills rolling again and get some excitment back.

I've got a similar amount invested in these and ironridge. They have now got funding near enough sorted and lots of promise for increasing resources, it will be interesting to see which share price out performs.....sadly history implies it wont be SAV

[reba] 06/7/2021 14:03

DA really made a mess of this share price. He needs to go, and let someone more capable of negotiating and progressing this to a higher level. We are getting left behind whereas other lithium companies are forging ahead.

[reba] 02/7/2021 11:31

Nearly every time DA opens his mouth, or makes a decision, the share price goes down. the only exception being when he buys some shares. He now has 40M+ under his belt.
In need of some positive news on public acceptance, government clearance, potential customers and EU.

[flc] 01/7/2021 15:08

Ironridge trading at 6p this time last year and now heading towards 25p...if we get EIA and juicy off take then why not SAV? Moz could be the icing on the cake with Rio taking it on for a decent price...give us some spare cash and straight in to another lithium project. Happy days.

[ukgeorge] 01/7/2021 14:05

zinnwald, Ironridge and kodal all having cracking runs all hitting new highs, come on SAV join the party!!!!

Roll on decent news flow and DA getting sav a good deal.

8.5p would be fine by me but double digits would be a lot nicer......

[goodday1] 01/7/2021 09:55

That is brilliant, the poor Sod will get his 40p.LolYou do know the one!

[sc2000uk] 01/7/2021 09:33

Checking IRR history, Since April 2017, there's been about 4 placings at about 15%-20% discount and increasing Shares issued over 100%.

SP is now about 50% of 2017 high's, and that's on the back of this deal.

So if all this is good enough for IRR, then as long as SAV hits about 8.5p on the back of EIA and funding, then it would be the same result.

In my own opinion, I'm expecting much much more come the EIA and funding.

[ukgeorge] 01/7/2021 07:41

Ironridge irr showing us how it should be done.

hXXp://ir.q4europe.com/Tools/newsArticleHTML.aspxsolutionID=3674&customerKey=IronRidge&storyID=15109346

DA needs to read this, they have just leapfrogged SAV in one deal just shows how things can be done. Shareholders also be rewarded rather than sold down the river.

[goodday1] 01/7/2021 06:59

DA & the BoD gave themselves an easy target to get the gravy.20% makes it back to square one.60% makes it 6p.Disgraceful, I remember a poor LTH on LSE use to call it 40p.Now DA giving himself a bounce at 6p ish.That is how dreams die.Well done DA, you have decimated SAV but you & your mates made a good living out of the loyalty of your shareholders.

[flc] 30/6/2021 16:15

Yeh, he's not the best presenter in the World but still had lots of good things to talk about. 'off take in coming months' 'home straight to EIA approval' 'looking at other opportunities outside of Galp' ....as you say, EIA is key so roll on Q4 and make it early Q4 if possible!

[broncowarrior] 30/6/2021 14:51

If the EIA gets approved then it really is all systems go as any hurdles to finance will disappear. That is really the key milestone here.

[goodday1] 30/6/2021 14:34

The DA gravy train rolls into town, again.Let us have another placing to buy more land from Dale Ferguson.To protect them from the ever-increasing dilution of SAV share.The BoD decided to give themselves more gravy.You can't make it up.DA surely can.Lol

[theimpatientone] 30/6/2021 14:29

New share options at a PREMIUM to current price ? That's got to be a first !!!

[ukgeorge] 30/6/2021 12:50

hXXps://www.savannahresources.com/investor-relations/media-and-webcasts/


The presentation from the AGM is above.

DA "really outstanding outcomes for our shareholders" we all hope so DA!

Good presenation

[flc] 30/6/2021 10:08

Just topped up...only thing that worries me is if they are looking to acquire another lithium asset then how are they going to pay for it? Hopefully not another placing on the horizon but we'll see and hopefully lots of positive updates from DA taking us through to y/e.

[ukgeorge] 30/6/2021 09:26

currently can't get an online quote to buy

[flc] 30/6/2021 07:11

'...adding to our lithium portfolio'...could be interesting

[goodday1] 30/6/2021 07:00

We need positive news, Mr DA.Pleeeeaaaasssse