Savannah Resources Share Discussion Threads

[flc] 17/2/2022 20:29

Yeh let's try and keep i3e on their board and us to focus on SAV.

[1teemore] 17/2/2022 18:39

19p is not much for the guys who bought in at 215p four years ago!!!

[goodday1] 17/2/2022 17:56

Is anyone calling out the imminently imminent & literally anytime now brigade?Or just let DoC Holiday and Co carry on?It has been going on for years & some people still like it on LSE & Twitter!I guess with laws of probability, one day they will be spot on.You can not make it up.Someone, please give me a nudge when those pumpers change their spots.Ffs, Lithium will be out of favour by the time this sh*t start flowing.LolIn other news, i3e over 19p and 1st ex-monthly dividend happened today.9 equal monthly payments to follow.Gl all

[ged5] 17/2/2022 13:15

Ha! ADVFN won't allow that link.

[ged5] 17/2/2022 13:13

I've been looking through a few articles this morning and note Portugal want a third of cars to be an EV by 2030.

Spain and Portugal have a MOU for 100m euro loan for renewable energy. Wind and solar.

[...]

The temperature in Portugal has been rising by .3 degrees/decade since the 1970s



Also there was the 41.5m euro to Galp to develop the EV charging network.

So I guess there are many put off by the cost of EVs. Cost increases if there are limited supplies of battery metals including lithium and LCE has now gone over $65000

[ukgeorge] 17/2/2022 12:40

Any minute now Ged.......the imminent conclusion could arrive..........the trading is frenetic nearly £20,000 in total today, the excitement around this company is unparalleled. It is hard to keep up with the constant news flow. The most advanced lithium project in the whole of Portugal!!!

[ged5] 16/2/2022 13:29

It's not just Portugal. Most countries have set targets to eliminate sales of diesel and petrol cars but did anyone stop to think what would be needed.

Now we have excess demand over supply resulting in ridiculous prices for commodities.
Over $63K LCE/tonne. Absolutely crazy. Just like the wait for a DIA.

Governments, advisors, car manufacturing CEOs and others all showing lack of foresight if not downright incompetence. No wonder more and more people are protesting world-wide.

[jimbomorry] 16/2/2022 13:23

Agree. I'm sure I recall a DA PowerPoint presentation within the last 12 months saying they wanted to be in production during 2023.

[jimbomorry] 16/2/2022 12:35

Very strong tailwind. Question is will the Portugese and SAV get on with it and capitalise before others step in and fill the supply gap.

[ukgeorge] 16/2/2022 10:22

li carbonate apparently $63-64,000/t in China



Should probably be buying more of these at this price 4.5p.

Or is Europe going to shoot itself in the foot.


• The lithium price explosion tells you that supply is simply not there to feed this demand surge (Link)
o Fastmarkets currently assesses it at RMB400k – RMB430k, up 47% on the start of the year and eight times higher than it was at the start of 2021
o The price surge of 2017, when the producers failed to failed to anticipate the demand wave emanating from China's subsidy-driven roll-out of EVs, followed by the price bust due to the collective supply response, particularly from hard-rock spodumene producers in Australia, that proved far too strong have left the producers ill-prepared
o Lithium's exponential usage curve simply mirrors the equally fast rise in global sales of vehicles using lithium-ion batteries
o Chinese sales of new energy vehicles (NEV) rose by 157.5% to 3.52m units in 2021, a shining stand-out within a moribund domestic automotive sector
o Analysts predict the shortfall from 26kt – 60k LCE
o New mines and restarts of idled capacity will generate a supply response as the year progresses, with Fastmarkets anticipating robust production growth of 28% this year and another 27% in 2023

[gardenboy] 16/2/2022 09:09

Good article..justified praise for how Scandinavia is approaching the EV transition

[ukgeorge] 16/2/2022 08:53

Well another buying opportunity, to go along with the previous several hundred occasions that we have had.




This article was pretty interesting about infinity lithium (in Spain).

Some very succinct bits

"In Europe, and in Spain too, sometimes there is a mixture of ignorance and hypocrisy tags. We all want to live in a state of well-being and use things. But for the manufacture of any product it is necessary to extract raw materials: minerals, metals, wood... In Europe we have a somewhat hypocritical position because it seems that we believe that these products come out of thin air, while we are importing them from other countries."

[flc] 15/2/2022 14:41

Nah, far too green to be Mars..looks more like Ukraine/Russian border. Perhaps he's eyeing up our next project...there's Lithium in them there hills, I can tell ya'

[goodday1] 15/2/2022 13:57

I have just looked at the Linkedin account of DA & he is on Mars.Maybe he is on holiday or tendering for a rare minerals concession.DYOR.LolGl all

[flc] 15/2/2022 12:58

Wouldn't it be great to have the EIA under our belt by the of the month. I wonder what conditions the APA will apply. Off take announced shortly after and plaintiffs concede on their legal piece. Is that too much to ask?

[ged5] 15/2/2022 10:38

Came across this at the weekend. Oh I never knew lithium was going to be mined. Give over Lúcia Dias Mó, you're embarrassing yourself !

Of more interest:-

"After the public consultation of the Environmental Impact Assessment (EIA) regarding the expansion of the Barroso Mine, which took place between April and July, the final decision of the Environmental Impact Assessment (EIA) should be announced shortly by the Portuguese Environment Agency (APA). ). If the decision is favorable, the company will be able to proceed with exploration."

[1teemore] 15/2/2022 10:14

He obviously does not read his own pumping/dumping posts.

[sc2000uk] 15/2/2022 10:01

What's with the obsession with calling optimism 'Pumping', surely lack of Optimism could be called 'De-pumping'. I just call it having an own opinion.

I feel for anyone who makes an investment purely based on reading messages on this or any other board. The boards are a good place to get suggestions or to discuss own opinions, but that's where it stops. Any investment I do is on doing my own research and being based on my investment objective (i.e short or long term, low or high risk, etc)

For what it's worth, I think an announcement will be made very soon and be prior to the Portugal mine tender process. There has to be an incentive for those bidding to know that they will get the required EIA approval (but only if meeting very high ESG standards)

End of day, if Portugal doesn't extract Li, then the Europe (as a continent not politic region) will kiss goodbye to the Car industry. Honestly, it might already be too late to safe some legacy OEMs.

[goodday1] 15/2/2022 08:31

WTF happening?So much for imminently imminent & literally anytime now.Don't believe DoC Holiday & Co if they are on LSE or Twitter.Tell the pumping brigade to stand down & stop embarrassing themselves.Longest imminently on Aim.It will happen when it happens, after all, we are dealing with Portugal & DA.Worse than Oman & DA combination.What a chilled pairing.LolGl all

[goodday1] 12/2/2022 20:30

hTTps://twitter.com/edconwaysky/status/1492418987107442689?s=21Thread on Twitter.The Humber Refinery in NE England.This place looks and smells like a ghost of fossil fuel history. It's where they turn crude oil into petrol, jet fuel & many other petrochemical products.It won't seem the obvious place to start a thread abt batteries.But bear with me

[goodday1] 12/2/2022 09:36

hTTps://twitter.com/edconwaysky/status/1492219479308345365?s=21We thought SAV & Portuguese are slow.LolGl all

[ukgeorge] 11/2/2022 09:20

Yes wishing I had ditched these and put it all in Atlantic, but then all your eggs in one basket and all that. Don't forget, any minute now it could just appear........or possibly a few more months and no doubt some random clauses attached.