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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
  -0.06 -1.44% 4.10 4.00 4.20 4.235 4.10 4.10 44,232 08:00:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -2.9 -0.6 - 69

Savannah Resources Share Discussion Threads

Showing 6951 to 6974 of 7100 messages
Chat Pages: 284  283  282  281  280  279  278  277  276  275  274  273  Older
DateSubjectAuthorDiscuss
23/10/2021
12:54
https://www.eib.org/en/press/all/2021-344-eib-to-provide-galp-with-eur732-million-to-promote-climate-action-and-social-cohesion-in-spain-and-portugalOstensibly this is for many areas of the Galp business across Iberia.Might free them up to do more elsewhere even before any direct support for SAV or lithium in Portugal. The funding agreements are now starting to flow and be announced.Read the runes. Join some dots.
inbrackets
22/10/2021
11:24
hTTps://www.youtube.com/watch?v=dKAUzbuExKoGl all
goodday1
22/10/2021
11:20
Lithium – Rio Tinto warns of looming lithium gap, stating 60 Jadar mines not enough • Rio’s $2.4bn Jadar lithium project was greenlighted in July and hopes to power 1mn EVs. • Rio’s head of economics stated that, with 55% of light vehicles set to be EVs by 2030, 3mt of lithium will be required. • EVs currently consume 350,000t of lithium pa. • The company sees current committed supply and capacity expansions contributing a mere 15% of demand growth over the next 5 years. • 85% of required demand will have to come from new projects according to the economist. • The presentation states that ‘filling the supply gap will require over 60 Jadar projects.’ • Rio expects the Jadar mine to produce 58,000t of lithium carbonate, 160,000t of boric acid and 255,000t of sodium sulphate pa. • Rio also doesn’t expect battery recycling to make a relevant contribution to EVs until 2040.]
ukgeorge
22/10/2021
09:30
Thanks IB! That's an amazing article. Translated for those who don't have any time on their hands Galp and Savannah advance with project to build a lithium refinery in Portugal "There is going to be a lithium refinery in Portugal. It was presented to me and we know that a project for a lithium refinery competed in the mobilizing agendas," Matos Fernandes told ECO. There will finally be a lithium refinery in Portugal, the Government is already aware of the project and it has just been submitted to the Mobilizing Agendas/Alliances for Reindustrialization and Greens for Business Innovation that were opened within the scope of the Recovery and Resilience Program, he assured in an interview to ECO/Capital Verde, the minister of Environment and Climate Action, João Pedro Matos Fernandes. The minister also announced that the tender for prospecting for lithium in areas already selected and subjected to environmental assessment will be launched "at the beginning of next year". The government official did not say much more about the refinery project (location, investment, financing to be received from the PRR) but ECO/Capital Verde knows that the two main companies behind this project are Portuguese Galp and British Savannah Resources. Contacted, the two companies did not want to confirm the project application for the construction of a lithium refinery in Portugal, nor to make any statements. There will definitely be a lithium refinery in Portugal. There isn't one in Europe yet but we know — it's not for me to disclose it — but a project was presented to me by companies (yes, the Government meets with companies, to the astonishment of many) and we know that it competed in the mobilizing agendas for the industry a project for the construction of a lithium refinery in Portugal”, said the minister in an interview to ECO/Capital Verde. ECO/Capital Verde also knows that the work between several companies to carry out contracts and partnerships has been very intense for the project for a lithium refinery on national soil to actually go ahead. Galp and Savannah have been working together on the lithium value chain for some time now. Although the original agreement signed between the two in January 2021 expired in June (it gave Galp 10% of the capital of the Portuguese subsidiary of Savannah that holds the concession of Mina do Barroso, for 6.4 million dollars), both maintained the “commercial discussions” relating to the exploitation of lithium in the mine. In June, Galp CEO Andy Brown left no room for doubt. And announced on Capital Markets Day 2021 that the company is already in negotiations with a major European manufacturer of lithium batteries [Swedish Northvolt] with a view to creating the first processing unit for this mineral in all of Europe. The official believes that this is a project — the birth of the first lithium refinery in Europe, with "a capacity of at least 25 kilotonnes" — that could accelerate rapidly, until 2025 and in the second half of the decade. By 2025, more than 10% of Galp's investment (800 million to billion euros per year) will be directed to green hydrogen and lithium. “Portugal is very well positioned for this scenario. It has some of the best lithium reserves on the continent and Galp is already in discussions for a contract to purchase raw material from a mine [in Barroso, in Boticas] here in Portugal”, explained British Andy Brown, without ruling out the possibility of import lithium too. Government launches lithium tender in early 2022 Coincidence or not, one of the first times that Minister Matos Fernandes uttered the words — “There is one thing I know: Portugal will have a lithium refinery” — was precisely on January 21, 2020, the date Galp announced to the country the closure of the Matosinhos Refinery. Now, the government official says with the same certainty: "We will certainly have lithium exploration and done in a fair way". It won't be as soon as desired, he announces. “We really want to launch the tender for prospecting, but it won't be this year, because the public consultation ends on December 10th. It will be early next year.” “Right now the public discussion is ongoing. It was extended until December 10th. Is there a willingness on the part of the mayors to rigorously discuss this project of this AAE? No, it does not exist. Because whoever asked for an extension, is now demonstrating. I can't understand how more time is wanted for public discussion, it is said that transparency is needed, but then the voice of the demonstrations will increase”, criticizes Matos Fernandes. Earlier, the minister hopes, the extraction and production of lithium will start in the field at Savannah's Boticas mine. “We also have a strong expectation of what will be the decision of the Environmental Impact Assessment of the Barroso mine, in Boticas. So we believe that this is the one that is closest (if there is a positive DAY and I hope it will happen) to move forward as soon as possible. And then we are already talking about production and not just prospecting”, concluded the minister.
ged5
22/10/2021
09:25
Thank you inbrackets !!!!!!!!! "Earlier, the minister hopes, he will start the extraction and production of lithium at savannah's Boticas mine on the ground. "We also have a strong expectation of what will be the decision of the Environmental Impact Assessment of the Barroso mine in Boticas. That's why we believe that this is the one that is closest (if you have a positive DAY and I hope it will happen) to move forward as soon as possible. And then we are already talking about production and not only prospecting", finished the minister."
ukgeorge
22/10/2021
09:16
The spread widens
reba
22/10/2021
08:48
That should have been in a bracket.Lol
goodday1
22/10/2021
08:37
https://eco.sapo.pt/2021/10/22/galp-e-savannah-avancam-com-projeto-de-construcao-de-refinaria-de-litio-em-portugal/According to this, looks like we are set to go.
inbrackets
22/10/2021
08:18
I blame Archer. It's all his fault.
inbrackets
22/10/2021
08:15
Come on, let us see a sustained rise pre news.Crossing everything.Gl all
goodday1
21/10/2021
10:24
gd1.....some people we have a strong buy opinion, others will be hold, others sell. It's called having your own opinion. A strange concept I know. Lol You know what, I don't invest based on what other set their opinion on, I do it base on my own thorough research. The UN meeting should conclude today, so could get some update if any case on APA not operating the EIA within the rules (that's how I read it what's happening but could be wrong)
sc2000uk
21/10/2021
08:35
Chart looking good again.
ged5
21/10/2021
06:56
Not entirely sure but I do remember a band called Half Man Half Biscuit..perhaps they are related. Anyway, let's hope we get an RNS tomorrow or next week. With COP26 and all of the other green stuff going on then there's never been a better window of opportunity.
flc
21/10/2021
05:57
Does anyone know what they smoke on LSE??"How can he be half man, half bear and half pig that's 1 and a half of some kind of creature LOLRegardless of moonbats, we are still a STRONG BUY".Now, I ask you, are they stupid, delusional or just completely rinsed by our glorious leader?"STRONG-BUY" did make me laugh & who said the gullible got no value?Hahaha & good morning.Lol
goodday1
19/10/2021
12:40
Mate, how many BBs are there?This BB is more than enough or do we all have to be on all of the forums?You can read & comment on anything you see on this BB.Or are you suggesting we should have an account there to comment on it?Next, you going to say, what about Twitter, FB, IG, CEO, Reddit anymore?Lol
goodday1
19/10/2021
11:09
Come on, 7/8p next the fools on LSE said last week.Lol
goodday1
19/10/2021
10:29
I am a buyer under 4p.
a2584728
18/10/2021
14:42
NoooooI wish we all can do an evaluation of a company on the spiked price.Such calculation only happens by the selected few on LSE.Get out of here, mate.Lol
goodday1
18/10/2021
11:44
A MCap of about £98m was reached (based on 14p not 17p per share) in June 2018 on the back of the SS. So £20-40M on top for a project with Mining approval would seem fair to me. If a Moz decision could be included at same time then that could give further share price increase.
sc2000uk
18/10/2021
11:11
The point I was making really - will the EIA announcement be enough to push the share price up to 7/8p? I'm not so sure but I suppose it could be. I totally agree it is the most important announcement and has to come before any planning announcements but there are plenty of other announcements after that which are needed imo. 118m -135m mkt cap on the EIA RNS?
ged5
18/10/2021
10:21
Just checked. It is 60 days - as usual, working days excluding bank hols, weekends etc, so that would be early 22 but would not stop all the other things - offtakes, financing, etc etc.
inbrackets
18/10/2021
10:09
Without looking back I can't remember exactly but phase 2 can only start after phase 1 has concluded (about now) and i think It allowed 60 days for the detailed plans to be worked up and agreed (much of the work will have been done and it would be then based on any confirmations or requirements laid out in Phase 1).The comment in the interims (and therefore yours) maybe accurate but it stopped before the 'but'. Thereafter his comments confirmed the importance of getting through phase 1 and the DEI, both, I would contend, in absolute and relative terms. The DEI is the keystone.The UNECE have their meeting over the next couple of days and would seem to be minded to reject the Spanish eco groups procedural appeal (costs awarded against them) and if their ruling is handed down, that could help things move on apace. And let's not forget COP.
inbrackets
18/10/2021
09:27
Good morning IB. Always good to hear your thoughts. Those words aren't mine and I'm not sure what to make of them. The full quote is from the interim results:- "Should we receive a 'Declaration of the Environmental Impact' this milestone won't represent the conclusion of the environmental licencing process as approval of detailed final designs is subsequently required, but it will demonstrate the Regulator's satisfaction with the project's operating parameters and Savannah's innovative plans to eliminate, mitigate and manage any environmental and social impacts, and to utilise the project to create meaningful long-term benefits for stakeholders throughout Portugal and beyond."
ged5
18/10/2021
09:15
Ged, hi.Not sure I agree with you there.Yes the implementation plans will still need detailed design agreement in the next phase of the EIA, but that is very secondary to the initial acceptance of the concept in the first place. Not much point in an intricate Gothic roof design if planning permission isn't granted first.I would like to give thanks. It is almost a year since Oman was passed on. When we started there, copper prices were a fraction of the current price. We have been spared the angst and frustration of any lack of progress in landing those imminent, in essence agreed mining licences. No doubt DA will be relieved that he is not taking the flak for this.
inbrackets
Chat Pages: 284  283  282  281  280  279  278  277  276  275  274  273  Older
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