Savannah Resources Share Discussion Threads

[flc] 31/1/2022 19:18

Looked more liked buys to me. Can't see this being in singles for too long now.

[goodday1] 31/1/2022 18:06

1.6 & 1.4 million sell dragged us down today.Ffs, who is dumping at this late stage? why??DA, you can't blame anyone else now.It is all down to you, please don't screw us now.Gl all

[ged5] 31/1/2022 16:40

George, it would be great to see the share price double or triple but with the figures in the Pilbara report I believe SAV have about $300mpa on present prices and 400-500m on projected prices.

Then there's the other tenements that will be put up for tender. I'm positive that SAV would snap up Reigoso given half a chance.

The board have a lot of shares between them and I don't believe for one minute there'll let this go for 10-15p

Have a good evening, we can sleep well tonight.

[busraker1] 31/1/2022 12:57

Pilbara quarterly report - currently around AUS$10bn mkt cap or just above £5bn.

They are estimating $2600 - $3000 per dmt of SC6 spodumene next quarter, and that's on contract, not spot pricing!

They can't produce spodumene at full capacity as there is a shortage of workers in Western Australian mining. But the pricing of what they produce is amazing.

[ukgeorge] 31/1/2022 12:20

Inbrackets,

Given the recent M&A in the sector I think a takeover is most likely. I doubt DA would be able to take the mine into production. Obviously would be great if we could be an independent producer with great margins but seems a long way off. A quick double or treble from here would be good enough.

[themightyali] 31/1/2022 09:26

We'll get to the point once we've made enough money to buy a leaf or tesla, depending on your personal preferences.

[olaorla] 31/1/2022 09:24

The election result is good. But I'm not expecting imminent approval. My shares in Savannah are a tiny per cent of my portfolio. Held out of interest more than anything else. It is difficult to forecast a result for this kind of thing in Portugal. My architect last week was telling me about Loule council in the Algarve. Loule is the home of Quinta do Lago, Vale de Lobo etc. The council(Camara) promised to deal with all outstanding planning applications by Jan this year. They did - they rejected all of them! Who knows where this "odyssey" will take us.

[aimmafia] 31/1/2022 09:23

If you have not checked out #cgo then you are missing a massive opportunity - I called #ben at 13p and its now 40p - CGO is just 6p now and will be multiples higher in a matter of weeks / months.Contango holdings will be producing met coal in just 60 days!! - up to 800% upside in just 2 months - production starts in less than 60 days. CEO said last year in March earnings would be $12m PA on our met coal asset and that was before coal TREBLED in price. When we start production in 60 days Cgo will have earnings of up to £30m PA with just our coal assets which will take us up to £200m Market cap. So around 50p share price on coal alone without coke batteries!!! We have enough coal to run for centuries!! Around 1.6 billion tonnes of coking coal!!This is not including income from our Coking batteries which are starting to be installed in April this year! We also have our gold assets which are not even factored in!!Incredible value here! You have seen what Ben's creek did, now it's time for #cgo to do the same. Now is the time to buy. Buy at the bottom and watch this rise.

[inbrackets] 31/1/2022 09:11

I may be wrong, but if this really is what you hope for, I feel you are missing the main point.

[flc] 31/1/2022 09:06

Approval, then sold within 6 months :-)

[ukgeorge] 31/1/2022 08:55

Nice rise today :) thanks for the updates yesterday evening on the elections.

Now fingers crossed the project gets moving forward.

DIA
Off take agreement
EU grant
Financing
Takeover

Preferably in that order

[uss_donald_j_trump] 31/1/2022 06:27

They got the majority

"Defying all odds, Portugal’s ruling centre-left Socialists won an outright parliamentary majority in Sunday’s snap general election, securing a strong new mandate for the prime minister, Antonio Costa.

The result, boosted by a higher than expected turnout despite the coronavirus pandemic, came as a surprise after the Socialists had lost most of their advantage in recent opinion polls. It means Portugal will have a stable government to oversee the application of EU pandemic recovery funds."
- The Guardian, Portugal general election: Socialists win surprise outright majority, 31 Jan 2022

Certainly one of the more unusual ways to spend a Sunday, sc.

Can safely resume buying SAV now

[themightyali] 30/1/2022 22:42

hxxps://www.euronews.com/live

[themightyali] 30/1/2022 22:18

My thoughts exactly sc2000uk

[sc2000uk] 30/1/2022 22:04

Let's be honest who here ever thought they'd spend a Sunday night watching Portugal general election results TV/Live counts?

Certainly a first for me.

Still looking good so far, and hopefully means Portugal can go ahead with the planned Li projects.

[ged5] 30/1/2022 21:46

Could be in for some exciting times perhaps.

[flc] 30/1/2022 21:42

Correction...majority may be on the cards.

[flc] 29/1/2022 08:18

Hope the culinary delights delighted last night. Should be interesting to see whether the outcome of the elections has any impact on the share price on Monday. Polls suggesting the Socialist Party will get in but without the majority they desire.

[ged5] 28/1/2022 18:37

Sounds delicious. No alcohol?

[sc2000uk] 28/1/2022 18:15

Sounds nice and very adventurous

Grilled Monkfish and scallops tonight for us (both reduced in Waitrose tonight otherwise would have been Cod), with Roasted Meg-Veg.

Washed down with Alcohol free Guinness and/or Alco-Free 'Nosecco'. Not as exciting as the real stuff :-)

Happy weekend all.

[ged5] 28/1/2022 16:43

Some good points there, SC. Not the best of weeks for SAV and ending flat on the month. Let's see what next month brings.

Have a good weekend all.

Salmon tonight in a marinade of stem ginger, red chilli, garlic, ginger syrup, orange zest, orange juice and soy sauce. The marinade is then reduced to make a sauce. Lovely with a baked potato and washed down with a Sauvignon Blanc.

Little snooze now then Fizz time!

[sc2000uk] 28/1/2022 14:39

Ahead of the elections this weekend, let's remember SAV does already have a license to mine in MdB, just not the amount we would need to support EV Battery supply.

IMHO, any 'No Mining' could split into 'No New mines' versus 'No Increase to Mine', SAV being the latter. Getting more of what you already have is sometimes easier, not without issues but maybe a few less obstacles.

Reading the last few community news letters, does seem that there is some local 'acceptance' for SAV recently. One new Roof to an old house/building funded by SAV and more requests since received. Do the locals now see some real life benefit to having a company wanting to bring jobs, money, etc to the community?

Now onto the most pressing issue of the day, surely must nearly be time for Ged5 Friday Fish recipe of the week. Lol

[goodday1] 26/1/2022 11:28

Over 3/4 of a million in one dump this morning.Gl all

[ged5] 26/1/2022 09:33

Just shares changing hands by the looks of things. Some don't like binary bets which is what this appears to be at the moment. But is it?

Let's hope the decision is given soon after Sunday's election. Will the 4.3p buys prove to be a bargain?