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Share Name Share Symbol Market Type Share ISIN Share Description
Savannah Resources Plc LSE:SAV London Ordinary Share GB00B647W791 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.04 0.89% 4.54 4.50 4.60 4.85 4.50 4.50 13,036,413 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -2.9 -0.6 - 77

Savannah Resources Share Discussion Threads

Showing 6851 to 6874 of 6975 messages
Chat Pages: 279  278  277  276  275  274  273  272  271  270  269  268  Older
DateSubjectAuthorDiscuss
22/9/2021
11:19
I would think the off take and financing will be very quick after the EIAWith that I've just added 100k @ 3.662p
ukgeorge
22/9/2021
10:53
UKGeorge Which Year (2025).?
reba
22/9/2021
10:18
I'm happy to hold even top up. As others have said nothing really unexpected. Looking forward Likely news flow EIA in Q4 2021 DFS in 2022 Offtake and Investment news (I would guess a lot of these are dependent on the EIA sign off, the lithium price has moved in the right direction so DA should be able to get a good deal) "On a commercial front, buoyed by the much stronger lithium price environment, encouraging discussions are ongoing around offtake and associated investment with multiple, well credentialed counterparties. This includes with Galp Energia, SGPS, S.A. (“Galp”) and other European and non-European industrial groups. A significant number of offtake, investment and M&A transactions have been completed in the lithium sector during the year to date which set useful precedents for Savannah in its own commercial discussions. We hope to bring more news on the project’s future commercial arrangements later in the year."
ukgeorge
22/9/2021
09:56
"That says it all about the past negotiations, on who was involved when the budgets were made on how much money the Government needed from the EU. They can't have been included." Are you really expecting SAV to have been involved in these discussions? Given that Port Govt applied for 16.6BN (Euro) and that even if SAV want 50% the CapEX (say 50M Euro) to come from this budget, this represents 0.03% of the requested EU Budget. So I don't see that SAV would have been involved in drawing up the budget request Port Govt made to EU. It's like me wanting £50 and but expecting to be involved in drawing up an overall £16,600 budget request to the bank. I see no issue for THINKING about a request for EU finance, as these could come with certain conditions that make it unworkable. For example, would it restrict who/how we could sell the Li? So impacting the overall profitablity of the mine? For now, the DIA is really the only milestone that I'm looking for. After this, I will be wanting and expecting DA and BoD to be making quick, decisive and correct decisions as the ball will be in the SAV court.
sc2000uk
22/9/2021
09:29
Sold out my small holding - company going nowhere! The only people making money here are the directors.
uhound
22/9/2021
09:18
Absolutely nothing new. The Chairman and DA are tarred with the same brush. Biggest wafflers under the sun. How can a company not progress after 12 months of so called negotiations with all parties involved. Nothing has moved forward significantly to inspire any investors let alone potential customers. They are still THINKING about applying for a EU grant ( unbelievable ). That says it all about the past negotiations, on who was involved when the budgets were made on how much money the Government needed from the EU. They can't have been included. The Management are pathetic, they are blaming Corvid for the inactivity and progress, whilst other organisations have been working round it, coping and getting on with it. The potential of a mine is there, but the people involved in DELTIC haven't got a clue how to negotiate and commission it. Very disappointed in the results. Heads need to roll if this is going anywhere.
reba
22/9/2021
09:16
Decided to sell another chunk this morning and will just sit on the sidelines before deciding whether to buy back in. On a positive I think the prospects here are superb but I just see it slipping further back in to next year and beyond, I also worry that Mutamba may be a damp squib when they finally release the RNS. Stumbled across the following article which references SAV and MdB. There appears to be some issues with deliberate denial of access to information which is currently in the Portuguese courts so I also fear this may be a thorn in the side with the public consultation. I'm sure it's a ploy often used by locals but never the less could flag up yet more delays. https://theecologist.org/2021/jun/09/unearthing-buried-truth-about-green-mining
flc
22/9/2021
09:01
Agree about the cash pile. As usual results are a commentary about most of what we know. Not a great deal of new information in the outlook either. One thing I was a little concerned about when I first read it, was the identification of landowners in Mutamba. Did I miss that in an earlier announcement? I'm not really sure they've sorted it yet. That must be why there's been a delay over there. Nine days to the fourth quarter.
ged5
22/9/2021
08:40
The DFS pushback was news weeks ago so not exactly a KerrrPow moment to get upset about.On track to report on Mutamba before year end and continuing progress in Portugal. They are still waiting on the keystone decision from APA due shortly on the first phase (delayed by APA and circumstances) as the second phase feeds into the DFS.
inbrackets
22/9/2021
08:14
DFS also delayed to 2022. No surprise. Give it 12 months and they can delay it to 2023.
ukgeorge
22/9/2021
07:40
The only things to take out of these are that they are now sat on a tidy cash pile and have finally decided what to do with Moz. The rest still moving at snail's pace...roll on Q4
flc
20/9/2021
16:07
It does have the small matter of getting a licence to mine of course.
inbrackets
20/9/2021
14:59
@InfinityLithium is pleased to report a breakthrough milestone with the first #battery grade #lithium hydroxide delivered from the San José project. $INF is poised to deliver #battery chemicals to the #EV markets in #Spain and the #EU. See full announcement here: [...]
ukgeorge
17/9/2021
10:57
I'm not sure SAV are interested in an Off-Take partner at present. If they can obtain the required capital via other means (EU Funding, Recovery Funding, Limited Equity Raise (available to all not limited few), Secured Credit Line, etc) then they could be looking at the Open Auction Market route. Just look at some of the prices being reached at present. Maybe a hybrid would be good, to give some locked in buyer/price, but then also the chance to maximise income. Who would not want to sell at $2,000+ as recently paid in one auction :-)
sc2000uk
17/9/2021
09:23
A rumour on a telegram group! Wow that's unusual! Must be true. ;)
ged5
17/9/2021
09:18
Any Tesla deal would likely go through Piedmont imo.A similar structure to the ironridge deal irr.
ukgeorge
17/9/2021
08:12
That would be nice. I am sure MdB is on their radar and it would be logical for them to take a position following VW's 14bn order with Northvolt in Sweden. I'm speculating but still think the Galp deal fell away because of other interested parties stepping up to the plate.
flc
16/9/2021
22:27
Rumour on telegram that Tesla are interested. Could be a fun day tomorrow
ultimatejustice9
16/9/2021
10:21
Thanks Ged5
gary38
16/9/2021
10:09
Well Gary, 6p would exceed your target of between 4.76p and 5.74p. Best of luck with that on this leg. Looking a little overbought now so let's see what happens. As FLC and Reba have said, this share is a little unpredictable. A bit of good news and you might get your 6p. No news and this could drift back down to 3.5p again. From the latest presentation:- Future value drivers include: ▪ Environmental licence award, Environmental Impact Declaration expected Q4 2021 ▪ Offtake agreements & associated financing ▪ Strategic investments ▪ Completion of DFS3 ▪ Greening of project, targeting zero-carbon lithium ▪ Resource expansion and additional exploration ▪ Development of lithium conversion capacity in Europe by 3rd parties
ged5
16/9/2021
10:01
Don't forget the mundane....interims are due, announcement of PR person (if it's an even slower news period),
inbrackets
16/9/2021
09:47
Potential we could hit 6 within the next 4 weeks,this would still allow for the big investors taking portions of their stake and profits.DYOR
gary38
16/9/2021
09:36
FLC Who knows with DA in charge. Could even be another placing at 3p this time.
reba
16/9/2021
09:28
Reba, hopefully he'll repay you (and us!) handsomely. Blue, three days on the trot, are we heading for a juicy RNS?...will it be MdB, will it be Mutamba or will he surprise us all and announce a new mining project...who knows.
flc
Chat Pages: 279  278  277  276  275  274  273  272  271  270  269  268  Older
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