Savannah Resources Share Discussion Threads

[wanna brew] 16/10/2023 18:45

It's a good read https://www.ft.com/content/71ce3e74-1884-459c-bbf7-fcc6404732fb

[wanna brew] 16/10/2023 13:10

https://www.afr.com/chanticleer/liontown-too-hard-for-albemarle-funding-pressures-real-20231016-p5ecix

[wanna brew] 16/10/2023 12:56

Now that's a bit more like it. A nice 3m buy at a premium at time of trade. Probably just closing a short lol

[wanna brew] 16/10/2023 08:02

Albemarle out of Liontown. Perhaps they might like a pure European play. https://www.smh.com.au/business/companies/gina-rinehart-s-raids-sink-liontown-lithium-takeover-20231016-p5ecik.html

[wanna brew] 16/10/2023 07:57

Manipulated for 500 odd k of shares. No way. He just took advantage of the weakness. Something else or someone else has caused the drop. Whoever was able to drop those sells through may have the answer.

[reba] 16/10/2023 07:31

said there was someone wanting some cheap shares.Price manipulated to accommodate.
What a corrupt setup.

[wanna brew] 13/10/2023 20:07

All Aussie focus but interesting read nonetheless. https://stockhead.com.au/resources/high-voltage-citi-and-other-analysts-eye-lithium-long-game-as-rinehart-raises-liontown-stakes/?amp

[reba] 13/10/2023 13:18

Another 500k sell. Obvious control. Wonder for what reason.? Buyers on the horizon.?
New guy wants some cheap shares.? Cheap shares for negotiation.?

[reba] 13/10/2023 10:37

manipulation at its best. who would sell 500k at 2.75 after all of yesterday's activities

[reba] 13/10/2023 08:59

over 7m buys yesterday and then they move the goal post.

[inbrackets] 12/10/2023 20:40

Interesting article and GR's stake upped almost to a takeover stopping 20%. And then looks at perhaps potentially less benign areas in Africa and SA, with gov interventions. No mention of Europe.GR already involved in Vulcan (and has taken the drop on the chin as it is chicken feed loose change), other European options are limited or heavily Government slanted, so there are very few runners to look at. If anyone is looking at a junior, European lithium play then and there are enough of them, then it could get interesting. Would 60 interested parties be enough?

[wanna brew] 12/10/2023 19:51

n my 34 years in funds management, I've never seen global majors invest so aggressively in the junior space. We expect this consolidation to continue. https://www.livewiremarkets.com/wires/lithium-in-2023-m-a-takeovers-and-government-intervention

[goodday1] 12/10/2023 15:46

Ooh la la.Are we going up?LolGl all

[inbrackets] 12/10/2023 15:26

Maybe 62 if GR followed out of spite. That said, didn't they say that the expressions of interest we due in by October?

[reba] 12/10/2023 11:39

we need to hear from someone. over 3.3 m buys and no movement.?

[inbrackets] 11/10/2023 22:13

Might be good to hear from him.

[reba] 11/10/2023 19:57

The new guy in charge hopefully knows alot of the right people to get this moving. It’s about time something positive was achieved. This really is a dog

[olaorla] 10/10/2023 19:32

I warned people many months ago. Having lived in Portugal now for nearly 8 years, I am not surprised at the lack of progress. Don't blame the company. The head of one of the big property owners' assocations said to me recently "how do you make a small fortune in Portugal - start with a large one" Too true. I am planning my exit. You just can't get anything done. It's a nightmare of corruption. The average wage is €1k per month - and the "peasants" live a subsistence life. It's all about who you know here.

[wanna brew] 10/10/2023 15:18

Whilst we wait. Down under at Liontown Just as a taster https://www.afr.com/companies/mining/rinehart-boosts-liontown-stake-as-spending-spree-nears-1-2-billion-20231010-p5eb8n

[ukgeorge] 09/10/2023 08:54

It is amazing that we allegedly have 60 odd offers and that they can't give us an idea of what these offers include.

The decimation of the share price 50% in 4 months implies to me that the Nimby brigade are wining and have many more rabbits to pull out the hat. I think one of the main issues is the permitting of the new road that is going to need to be built.

[goodday1] 06/10/2023 16:18

WTFThe dumping is relentless.Monday another week Gl all

[the lah] 06/10/2023 12:03

Well...I'm now back to where I started price-wise...I thought about but please nobody top up or average down I'm really not trusting this company or ineffective Portugal who are missing an opportunity to boost their economy...Don't worry we can rely on China to be on the ball and corner the Li market...I suppose I'll have to boost the Portugal economy and visit Vilamoura looking longingly at the yatchts in the marina...I've topped at ATM instead...